0001209191-20-059300.txt : 20201118 0001209191-20-059300.hdr.sgml : 20201118 20201118213754 ACCESSION NUMBER: 0001209191-20-059300 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201116 FILED AS OF DATE: 20201118 DATE AS OF CHANGE: 20201118 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: 201326949 MAIL ADDRESS: STREET 1: C/O PALANTIR TECHNOLOGIES INC. STREET 2: 1555 BLAKE STREET, SUITE 250 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 BUSINESS ADDRESS: STREET 1: 1555 BLAKE STREET STREET 2: SUITE 250 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 720-358-3679 MAIL ADDRESS: STREET 1: 1555 BLAKE STREET STREET 2: SUITE 250 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Palantir Technologies Inc DATE OF NAME CHANGE: 20050324 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-11-16 0 0001321655 Palantir Technologies Inc. PLTR 0001823951 Karp Alexander C. C/O PALANTIR TECHNOLOGIES INC. 1555 BLAKE STREET, SUITE 250 DENVER CO 80202 1 1 0 0 See Remarks Class A Common Stock 2020-11-16 4 C 0 1285123 0.00 A 7711619 D Class A Common Stock 2020-11-16 4 S 0 1269212 15.792 D 6442407 D Class A Common Stock 2020-11-16 4 S 0 15911 16.062 D 6426496 D Employee Stock Option (Right to buy) 0.103 2020-11-16 4 M 0 1285123 0.00 D 2021-12-03 Class B Common Stock 1285123 59612456 D Class B Common Stock 0.103 2020-11-16 4 M 0 1285123 0.00 A Class A Common Stock 1285123 14155013 D Class B Common Stock 2020-11-16 4 C 0 1285123 0.00 D Class A Common Stock 1285123 12869890 D All transactions listed in this Form 4 are related and represent one series of transactions undertaken pursuant to a preexisting Rule 10b5-1 trading plan and conducted in compliance with the Issuer's lock-up terms. The Reporting Person exercised 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $15.02 to $16.01. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $16.02 to $16.09. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnote (2) 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. The option, originally for 60,897,579 shares, of which 1,285,123 shares have been exercised, vested as to 1/120th of the shares on July 3, 2011, and vests as to 1/120th of the shares each month thereafter, subject to the Reporting Person continuing as a service provider through each such date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase. 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. Officer title: Chief Executive Officer /s/ Justin V. Laubach, under power of attorney 2020-11-18