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Palantir Technologies Inc. — Director's Dealing 2023
Feb 23, 2023
29752_dirs_2023-02-22_6011b95f-e05c-4fcb-b5e6-1f318ac76080.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: 2023-02-20
Reporting Person: Sankar Shyam (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-20 | Restricted Stock Units | $ | M | 375000 | Disposed | 2026-05-20 | Class B Common Stock (375000.0) | Direct |
| 2023-02-20 | Class B Common Stock | $ | M | 375000 | Acquired | Class A Common Stock (375000.0) | Direct |
Footnotes
F1: These securities are restricted stock units ("RSUs") granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
F2: The Reporting Person acquired 375,000 shares of Class B Common Stock upon incremental vesting of RSUs.
F3: The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.
F4: 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.