Filing Details

Accession Number:
0001209191-22-043224
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-26 19:38:37
Reporting Period:
2022-07-22
Accepted Time:
2022-07-26 19:38:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1321655 Palantir Technologies Inc. PLTR Services-Prepackaged Software (7372) 680551851
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1824159 Shyam Sankar C/O Palantir Technologies Inc.
1555 Blake Street, Suite 250
Denver CO 80202
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-07-22 11,306 $0.00 2,043,506 No 4 C Direct
Class A Common Stock Disposition 2022-07-22 125,000 $9.95 1,918,506 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2022-07-22 11,306 $0.00 11,306 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
493,313 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 761,111 Indirect See Footnote
Class A Common Stock 225,048 Indirect See Footnote
Footnotes
  1. This transaction is part of a related series of transactions. The Reporting Person converted 11,306 shares of Class B Common Stock to Class A Common Stock. The resulting shares of Class A Common Stock, along with 113,694 additional shares of Class A Common Stock, were sold in the open market pursuant to a preexisting Rule 10b5-1 trading plan.
  2. 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.
  3. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $9.735 to $10.55. 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.
  4. These shares are held of record by Shyam Sankar, Trustee of The Shyam Sankar 2020 Annuity Trust u/a/d 7/14/2020 (the "Annuity Trust"). These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. The Reporting Person disclaims beneficial ownership of the shares held by the Annuity Trust, except to the extent of his pecuniary interest therein.
  5. These shares are held of record by Shyam Sankar, Co-Trustee of the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules.The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein.