AI assistant
Palantir Technologies Inc. — Director's Dealing 2022
May 18, 2022
29752_dirs_2022-05-17_c0ffd652-0210-4419-89dd-f131a2ad9d1f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Palantir Technologies Inc. (PLTR)
CIK: 0001321655
Period of Report: 2022-05-13
Reporting Person: Sankar Shyam (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-13 | Employee Stock Option (Right to buy) | $4.72 | M | 100000 | Disposed | 2030-06-03 | Class B Common Stock (100000) | Direct |
| 2022-05-13 | Class B Common Stock | $4.72 | M | 100000 | Acquired | Class A Common Stock (100000) | Direct |
Footnotes
F1: The indicated transactions are related and were undertaken in compliance with a preexisting Rule 10b5-1 trading plan. The Reporting Person exercised vested Class B Common Stock options, resulting in a decrease in the number of outstanding options held and an increase in the number of shares of Class B Common Stock held.
F2: The options exercised in this transaction were fully vested and exercisable as of the transaction date.
F3: The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.