Palantir Technologies Inc. — Director's Dealing 2024

Nov 21, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Palantir Technologies Inc. (PLTR)
CIK: 0001321655
Period of Report: 2024-11-18

Reporting Person: Karp Alexander C. (Director, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-11-18	Class A Common Stock	C	1007496	—	Acquired	7439754	Direct
2024-11-18	Class A Common Stock	S	469647	$63.4074	Disposed	6970107	Direct
2024-11-18	Class A Common Stock	S	537849	$64.4433	Disposed	6432258	Direct
2024-11-19	Class A Common Stock	C	98480	—	Acquired	6530738	Direct
2024-11-19	Class A Common Stock	S	98480	$63.0011	Disposed	6432258	Direct
2024-11-20	Class A Common Stock	C	38093	—	Acquired	6470351	Direct
2024-11-20	Class A Common Stock	S	38093	$63.0062	Disposed	6432258	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-18	Employee Stock Option (Right to buy)	$11.38	M	1007496	Disposed	2032-08-20	Class B Common Stock (1007496)	Direct
2024-11-18	Class B Common Stock	$11.38	M	1007496	Acquired		Class A Common Stock (1007496)	Direct
2024-11-18	Class B Common Stock	$	C	1007496	Disposed		Class A Common Stock (1007496)	Direct
2024-11-19	Employee Stock Option (Right to buy)	$11.38	M	98480	Disposed	2032-08-20	Class B Common Stock (98480)	Direct
2024-11-19	Class B Common Stock	$11.38	M	98480	Acquired		Class A Common Stock (98480)	Direct
2024-11-19	Class B Common Stock	$	C	98480	Disposed		Class A Common Stock (98480)	Direct
2024-11-20	Employee Stock Option (Right to buy)	$11.38	M	38093	Disposed	2032-08-20	Class B Common Stock (38093)	Direct
2024-11-20	Class B Common Stock	$11.38	M	38093	Acquired		Class A Common Stock (38093)	Direct
2024-11-20	Class B Common Stock	$	C	38093	Disposed		Class A Common Stock (38093)	Direct

Footnotes

F1: This transaction is part of a related series of transactions undertaken on November 18, 2024 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on December 12, 2023. The Reporting Person exercised 1,007,496 vested Class B Common Stock options, converted the resulting shares of Class B Common Stock to Class A Common Stock, and immediately sold the shares of Class A Common Stock in the open market.

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 $63.00 to $63.99. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (4) for sales executed in other price ranges on the date indicated. 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.

F4: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $64.00 to $64.63. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (3) for sales executed in other price ranges on the date indicated. 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.

F5: This transaction is part of a related series of transactions undertaken on November 19, 2024 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on December 12, 2023. The Reporting Person exercised 98,480 vested Class B Common Stock options, converted the resulting shares of Class B Common Stock to Class A Common Stock, and immediately sold the shares of Class A Common Stock in the open market.

F6: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $63.00 to $63.01. 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.

F7: This transaction is part of a related series of transactions undertaken on November 20, 2024 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on December 12, 2023. The Reporting Person exercised 38,093 vested Class B Common Stock options, converted the resulting shares of Class B Common Stock to Class A Common Stock, and immediately sold the shares of Class A Common Stock in the open market.

F8: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $63.00 to $63.06. 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.

F9: The options exercised in this transaction were fully vested and exercisable as of the transaction date.