0001321655-23-000096.txt : 20230822 0001321655-23-000096.hdr.sgml : 20230822 20230822211356 ACCESSION NUMBER: 0001321655-23-000096 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230820 FILED AS OF DATE: 20230822 DATE AS OF CHANGE: 20230822 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cohen Stephen Andrew CENTRAL INDEX KEY: 0001823920 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39540 FILM NUMBER: 231194982 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 wk-form4_1692753228.xml FORM 4 X0508 4 2023-08-20 0 0001321655 Palantir Technologies Inc. PLTR 0001823920 Cohen Stephen Andrew C/O PALANTIR TECHNOLOGIES INC. 1200 17TH STREET, FLOOR 15 DENVER CO 80202 1 1 0 0 See Remarks 0 Class A Common Stock 2023-08-21 4 C 0 196888 A 197480 D Class A Common Stock 2023-08-21 4 S 0 196888 14.5476 D 592 D Class A Common Stock 2023-08-22 4 C 0 150145 A 150737 D Class A Common Stock 2023-08-22 4 S 0 150145 14.8054 D 592 D Restricted Stock Units 2023-08-20 4 M 0 675000 0 D 2026-05-20 Class B Common Stock 675000 7425000 D Class B Common Stock 2023-08-20 4 M 0 675000 0 A Class A Common Stock 675000 13220327 D Class B Common Stock 2023-08-21 4 C 0 196888 0 D Class A Common Stock 196888 13023439 D Class B Common Stock 2023-08-22 4 C 0 150145 0 D Class A Common Stock 150145 12873294 D This transaction is part of a related series of transactions. The Reporting Person acquired rights to 675,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2023, converted 196,888 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 21, 2023 and then converted 150,145 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 22, 2023. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2023. 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 $14.40 to $14.76. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $14.63 to $15.12. 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. Officer title: President and Secretary. This Form 4 has been compiled based on applicable requirements to reflect the specific transactions described herein and is not intended to disclose or describe all shares and/or other equity securities owned or beneficially held by the Reporting Person. For additional details regarding the Reporting Person's overall stock and equity holdings, please see the Issuer's Proxy Statement filed with the Securities and Exchange Commission on April 26, 2023, including under the heading "Security Ownership Of Certain Beneficial Owners And Management" (subject to the definitions, explanations, and time periods described therein). /s/ Justin V. Laubach, under power of attorney 2023-08-22