4//SEC Filing
Long Matthew A. 4
Accession 0001209191-21-013039
CIK 0001321655other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 9:38 PM ET
Size
21.2 KB
Accession
0001209191-21-013039
Insider Transaction Report
Form 4
Long Matthew A.
See Remarks
Transactions
- Conversion
Class A Common Stock
2021-02-18+503,864→ 1,285,803 total - Sale
Class A Common Stock
2021-02-18$25.04/sh−468,762$11,737,285→ 817,041 total - Exercise/Conversion
Class B Common Stock
2021-02-18+220,000→ 800,160 totalExercise: $4.72→ Class A Common Stock (220,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to buy)
2021-02-18−220,000→ 880,000 totalExercise: $4.72Exp: 2030-06-03→ Class B Common Stock (220,000 underlying) - Exercise/Conversion
Class B Common Stock
2021-02-18+283,864→ 580,160 totalExercise: $2.70→ Class A Common Stock (283,864 underlying) - Conversion
Class B Common Stock
2021-02-18−503,864→ 296,296 total→ Class A Common Stock (503,864 underlying) - Sale
Class A Common Stock
2021-02-18$25.86/sh−35,102$907,801→ 781,939 total - Exercise/Conversion
Employee Stock Option (Right to buy)
2021-02-18−283,864→ 0 totalExercise: $2.70Exp: 2022-07-02→ Class B Common Stock (283,864 underlying)
Footnotes (5)
- [F1]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. 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.
- [F2]This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $24.51 to $25.50. 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.
- [F3]This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $25.51 to $26.30. 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.
- [F4]The options exercised in this transaction were fully vested and exercisable as of the transaction date.
- [F5]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.
Documents
Issuer
Palantir Technologies Inc.
CIK 0001321655
Entity typeother
Related Parties
1- filerCIK 0001823919
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 9:38 PM ET
- Size
- 21.2 KB