0001321655-23-000051.txt : 20230523 0001321655-23-000051.hdr.sgml : 20230523 20230523203541 ACCESSION NUMBER: 0001321655-23-000051 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230520 FILED AS OF DATE: 20230523 DATE AS OF CHANGE: 20230523 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Karp Alexander C. CENTRAL INDEX KEY: 0001823951 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39540 FILM NUMBER: 23950359 MAIL ADDRESS: STREET 1: C/O PALANTIR TECHNOLOGIES INC. STREET 2: 1200 17TH STREET, FLOOR 15 CITY: DENVER STATE: CO ZIP: 80202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Palantir Technologies Inc. CENTRAL INDEX KEY: 0001321655 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 680551851 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1200 17TH STREET STREET 2: FLOOR 15 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 720-358-3679 MAIL ADDRESS: STREET 1: 1200 17TH STREET STREET 2: FLOOR 15 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Palantir Technologies Inc DATE OF NAME CHANGE: 20050324 4 1 wf-form4_168488852629501.xml FORM 4 X0407 4 2023-05-20 0 0001321655 Palantir Technologies Inc. PLTR 0001823951 Karp Alexander C. C/O PALANTIR TECHNOLOGIES INC. 1200 17TH STREET, FLOOR 15 DENVER CO 80202 1 1 0 0 See Remarks 0 Class A Common Stock 2023-05-22 4 C 0 408862 A 6841120 D Class A Common Stock 2023-05-22 4 S 0 408862 11.7643 D 6432258 D Restricted Stock Units 2023-05-20 4 M 0 877500 0 D 2031-05-20 Class B Common Stock 877500.0 28080000 D Class B Common Stock 2023-05-20 4 M 0 877500 0 A Class A Common Stock 877500.0 49671795 D Restricted Stock Units 2023-05-20 4 M 0 97500 0 D 2031-05-20 Class B Common Stock 97500.0 3120000 D Class B Common Stock 2023-05-20 4 M 0 97500 0 A Class A Common Stock 97500.0 49769295 D Class B Common Stock 2023-05-22 4 C 0 408862 0 D Class A Common Stock 408862.0 49360433 D This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on May 20, 2023, converted 408,862 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on May 22, 2023. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on May 20, 2023 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $11.40 to $12.10. 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. These securities are 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. The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date. These securities are RSUs granted pursuant to the Issuer's 2020 Executive Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. Officer title: Chief Executive Officer /s/ Justin V. Laubach, under power of attorney 2023-05-23