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Palantir Technologies Inc. — Director's Dealing 2023
Jun 8, 2023
29752_dirs_2023-06-07_7e2247cb-d84f-4c9c-aaeb-489f847faa6e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Palantir Technologies Inc. (PLTR)
CIK: 0001321655
Period of Report: 2023-06-05
Reporting Person: Karp Alexander C. (Director, See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-05 | Class A Common Stock | C | 325000 | — | Acquired | 6757258 | Direct |
| 2023-06-05 | Class A Common Stock | S | 325000 | $15.4015 | Disposed | 6432258 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-05 | Class B Common Stock | $ | C | 325000 | Disposed | Class A Common Stock (325000) | Direct |
Footnotes
F1: The Reporting Person sold shares of Class A Common Stock in the open market pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into (or most recently amended or modified, as applicable) on February 23, 2023, prior to the effectiveness of the revised requirements of Rule 10b5-1(c).
F2: 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.
F3: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $15.40 to $15.43. The price reported above reflects the weighted average sale price of trades occurring within that price range. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.