4//SEC Filing
Long Matthew A. 4
Accession 0001209191-21-014555
CIK 0001321655other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 9:31 PM ET
Size
14.9 KB
Accession
0001209191-21-014555
Insider Transaction Report
Form 4
Long Matthew A.
See Remarks
Transactions
- Exercise/Conversion
Employee stock option (Right to buy)
2021-02-22−220,000→ 660,000 totalExercise: $4.72Exp: 2030-06-03→ Class B Common Stock (220,000 underlying) - Conversion
Class B Common Stock
2021-02-22−220,000→ 296,296 total→ Class A Common Stock (220,000 underlying) - Conversion
Class A Common Stock
2021-02-22+220,000→ 970,875 total - Sale
Class A Common Stock
2021-02-22$30.02/sh−220,000$6,604,092→ 710,389 total - Exercise/Conversion
Class B Common Stock
2021-02-22+220,000→ 516,296 totalExercise: $4.72→ Class A Common Stock (220,000 underlying)
Footnotes (6)
- [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]The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis for no consideration and has no expiration date.
- [F3]The number of shares beneficially owned following the reported transaction is as of February 22, 2021 after giving effect to previously reported stock sales that occurred on that date and does not reflect previously reported stock sales that occurred on February 23, 2021.
- [F4]This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $30.00 to $30.14. 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.
- [F5]The number of shares beneficially owned is as of February 25, 2021.
- [F6]The options exercised in this transaction were fully vested and exercisable as of the transaction date.
Documents
Issuer
Palantir Technologies Inc.
CIK 0001321655
Entity typeother
Related Parties
1- filerCIK 0001823919
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 9:31 PM ET
- Size
- 14.9 KB