Form 4 for PLTR Palantir Technologies
Accepted 2022-08-23 00:00:00 ET · period of report 2022-08-20 · accession 0001628280-22-023554 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-08-23 | 2022-08-05 | PLTR | Sankar Shyam | See Remarks | G - Gift | $0.00 | 0 | 749.9K | New | $0 |
| DM | 2022-08-23 | 2022-08-20 | PLTR | Sankar Shyam | See Remarks | M - OptEx | $0.00 | 0 | 868.3K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-08-05 | G | D | 524,851 | $0.00 | 0 | I See Footnote | — | — | (F2) These shares were held of record by the Annuity Trust, of which the Reporting Person was the trustee, until the Annuity Trust expired pursuant to its terms on August 5, 2022. The Reporting Person disclaimed beneficial ownership of the shares held by the Annuity Trust, except to the extent of his pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2022-08-05 | G | A | 524,851 | $0.00 | 749,899 | I See Footnote | — | — | (F3) These shares are held of record by the Remainder Trust, of which the Reporting Person is a co-trustee. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein. |
| 3 | Derivative | Restricted Stock Units | 2022-08-20 | M | D | 375,000 | $0.00 | 5,625,000 | D | — · — to 2026-05-20 | 375,000 Class B Common Stock | (F4) These securities are restricted stock units ("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. (F6) The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date. |
| 4 | Derivative | Class B Common Stock | 2022-08-20 | M | A | 375,000 | $0.00 | 868,313 | D | — · — to — | 375,000 Class A Common Stock | (F7) 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. |