Sec Form 4 Filing - THIEL PETER @ Palantir Technologies Inc.

Insider filing report for Changes in Beneficial Ownership

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FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person

THIEL PETER

2. Issuer Name and Ticker or Trading Symbol
Palantir Technologies Inc. [ PLTR]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X __ Director	X __ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

C/O PALANTIR TECHNOLOGIES INC., 1555 BLAKE STREET, SUITE 250

3. Date of Earliest Transaction (MM/DD/YY)
09/30/2020

(Street)

DENVER, CO80202

4. If Amendment, Date Original Filed (MM/DD/YY)

6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

**Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned**
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	09/30/2020		S		18,367,343	D	$ 10.131 ^{( 1 )}	5,661,683	I	See Footnote ^{( 2 )}
Class A Common Stock	09/30/2020		S		2,018,004	D	$ 11.1596 ^{( 3 )}	3,643,679	I	See Footnote ^{( 2 )}
Class A Common Stock	09/30/2020		S		566,208	D	$ 10.131 ^{( 1 )}	174,532	I	See Footnote ^{( 4 )}
Class A Common Stock	09/30/2020		S		62,209	D	$ 11.1596 ^{( 3 )}	112,323	I	See Footnote ^{( 4 )}
Class A Common Stock	09/30/2020		S		115,553	D	$ 10.3365 ^{( 5 )}	1,620,557	I	See Footnote ^{( 6 )}
Class A Common Stock	09/30/2020		S		9,369	D	$ 11.1938 ^{( 7 )}	0 ^{( 8 )}	I	See Footnote ^{( 6 )}
Class A Common Stock	09/30/2020		S		19,851	D	$ 10.3365 ^{( 5 )}	279,538	I	See Footnote ^{( 9 )}
Class A Common Stock	09/30/2020		S		1,609	D	$ 11.1938 ^{( 7 )}	277,929	I	See Footnote ^{( 9 )}
Class A Common Stock	09/30/2020		J^{( 10 )}		276,772	D	$ 0	1,157	I	See Footnote ^{( 9 )}
Class A Common Stock	09/30/2020		S		32,469	D	$ 10.3365 ^{( 5 )}	457,247	I	See Footnote ^{( 11 )}
Class A Common Stock	09/30/2020		S		2,633	D	$ 11.1938 ^{( 7 )}	1,891 ^{( 8 )}	I	See Footnote ^{( 11 )}
Class A Common Stock	09/30/2020		S		656,609	D	$ 10.3365 ^{( 5 )}	9,246,785	I	See Footnote ^{( 12 )}
Class A Common Stock	09/30/2020		S		53,239	D	$ 11.1938 ^{( 7 )}	38,229 ^{( 8 )}	I	See Footnote ^{( 12 )}
Class A Common Stock	09/30/2020		S		9,790	D	$ 10.3365 ^{( 5 )}	137,316	I	See Footnote ^{( 13 )}
Class A Common Stock	09/30/2020		S		794	D	$ 11.1938 ^{( 7 )}	136,522	I	See Footnote ^{( 13 )}
Class A Common Stock	09/30/2020		J^{( 10 )}		136,520	D	$ 0	2	I	See Footnote ^{( 13 )}
Class A Common Stock	09/30/2020		S		190,372	D	$ 10.3365 ^{( 5 )}	2,669,889	I	See Footnote ^{( 14 )}
Class A Common Stock	09/30/2020		S		15,436	D	$ 11.1938 ^{( 7 )}	33 ^{( 8 )}	I	See Footnote ^{( 14 )}
Class A Common Stock	09/30/2020		S		536,002	D	$ 10.3365 ^{( 5 )}	7,517,193	I	See Footnote ^{( 15 )}
Class A Common Stock	09/30/2020		S		43,460	D	$ 11.1938 ^{( 7 )}	91 ^{( 8 )}	I	See Footnote ^{( 15 )}
Class A Common Stock	09/30/2020		S		70,297	D	$ 10.3365 ^{( 5 )}	985,875	I	See Footnote ^{( 16 )}
Class A Common Stock	09/30/2020		S		5,699	D	$ 11.1938 ^{( 7 )}	0 ^{( 8 )}	I	See Footnote ^{( 16 )}
Class A Common Stock	09/30/2020		S		218,992	D	$ 10.3365 ^{( 5 )}	3,071,224	I	See Footnote ^{( 17 )}
Class A Common Stock	09/30/2020		S		17,756	D	$ 11.1938 ^{( 7 )}	0 ^{( 8 )}	I	See Footnote ^{( 17 )}
Class A Common Stock	09/30/2020		S		65	D	$ 10.3365 ^{( 5 )}	937	I	See Footnote ^{( 18 )}
Class A Common Stock	09/30/2020		S		5	D	$ 11.1938 ^{( 7 )}	932	I	See Footnote ^{( 18 )}
Class A Common Stock	10/02/2020		S		908	D	$ 9.14	24	I	See Footnote ^{( 18 )}
Class A Common Stock								1,644,373 ^{( 8 )}	I	See Footnote ^{( 19 )}
Class A Common Stock								680,815 ^{( 8 )}	I	See Footnote ^{( 20 )}
Class A Common Stock								3,276,826 ^{( 8 )}	I	See Footnote ^{( 21 )}

**Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned**
( *e.g.* , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (MM/DD/YY)	3A. Deemed Execution Date, if any (MM/DD/YY)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (MM/DD/YY)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

**Reporting Owners**
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
THIEL PETER C/O PALANTIR TECHNOLOGIES INC. 1555 BLAKE STREET, SUITE 250 DENVER, CO80202	X	X

**Signatures**
/s/ Justin V. Laubach, under power of attorney		10/02/2020
Signature of Reporting Person		Date

Explanation of Responses:

( 1 )This transaction was executed in multiple trades at prices ranging from $10.00 to $10.90. The price reported above reflects the weighted average sale price. 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.
( 2 )These shares are held of record by Rivendell 7 LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by Rivendell 7 LLC.
( 3 )This transaction was executed in multiple trades at prices ranging from $11.00 to $11.40. The price reported above reflects the weighted average sale price. 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.
( 4 )These shares are held of record by Rivendell 25 LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by Rivendell 25 LLC.
( 5 )This transaction was executed in multiple trades at prices ranging from $10.00 to $10.99. The price reported above reflects the weighted average sale price. 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.
( 6 )These shares are held of record by The Founders Fund, LP ("FF-I"). The Reporting Person is one of the managing members of The Founders Fund Management, LLC, which is the general partner of FF-I. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-I. The Reporting Person disclaims beneficial ownership over the shares held by FF-I except to the extent of his pecuniary interest therein.
( 7 )This transaction was executed in mult iple trades at prices ranging from $11.09 to $11.31. The price reported above reflects the weighted average sale price. 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.
( 8 )Share numbers have been adjusted to reflect changes in form of beneficial ownership for no consideration in transfers exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
( 9 )These shares are held of record by The Founders Fund II Entrepreneurs Fund, LP ("FF-IIE"). The Reporting Person is one of the managing members of The Founders Fund II Management, LLC ("FFIIM"), which is the general partner of FF-IIE. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-IIE. The Reporting Person disclaims beneficial ownership over the shares held by FF-IIE except to the extent of his pecuniary interest therein.
( 10 )Reflects a distribution to limited partners; the Reporting Person has no pecuniary interest in the reported shares.
( 11 )These shares are held of record by The Founders Fund II Principals Fund, LP ("FF-IIP"). The Reporting Person is one of the managing members of FFIIM, which is the general partner of FF-IIP. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-IIP. The Reporting Person disclaims beneficial ownership over the shares held by FF-IIP except to the extent of his pecuniary interest therein.
( 12 )These shares are held of record by The Founders Fund II, LP ("FF-II"). The Reporting Person is one of the managing members of FFIIM, which is the general partner of FF-II. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-II. The Reporting Person disclaims beneficial ownership over the shares held by FF-II except to the extent of his pecuniary interest therein.
( 13 )These shares are held of record by The Founders Fund III Entrepreneurs Fund, LP ("FF-IIIE"). The Reporting Person is one of the managing members of The Founders Fund III Management, LLC ("FFIIIM"), which is the general partner of FF-IIIE. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-IIIE. The Reporting Person disclaims beneficial ownership over the shares held by FF-IIIE except to the extent of his pecuniary interest therein.
( 14 )These shares are held of record by The Founders Fund III Principals Fund, LP ("FF-IIIP"). The Reporting Person is one of the managing members of FFIIIM, which is the general partner of FF-IIIP. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-IIIP. The Reporting Person disclaims beneficial ownership over the shares held by FF-IIIP except to the extent of his pecuniary interest therein.
( 15 )These shares are held of record by The Founders Fund III, LP ("FF-III"). The Reporting Person is one of the managing members of FFIIIM, which is the general partner of FF-III. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-III. The Reporting Person disclaims beneficial ownership over the shares held by FF-III except to the extent of his pecuniary interest therein.
( 16 )These shares are held of record by The Founders Fund IV Principals Fund, LP ("FF-IVP"). The Reporting Person is one of the managing members of The Founders Fund IV Management, LLC ("FFIVM"), which is the general partner of FF-IVP. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-IVP. The Reporting Person disclaims beneficial ownership over the shares held by FF-IVP except to the extent of his pecuniary interest therein.
( 17 )These shares are held of record by The Founders Fund IV, LP ("FF-IV"). The Reporting Person is one of the managing members of FFIVM, which is the general partner of FF-IV. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF-IV. The Reporting Person disclaims beneficial ownership over the shares held by FF-IV except to the extent of his pecuniary interest therein.
( 18 )These shares are held of record by FF Pathfinder VI, LLC ("FF Pathfinder"). The Reporting Person is one of the managing members of The Founders Fund VI Management LLC, which is the managing member of FF Pathfinder. The Reporting Person may be deemed to have beneficial ownership over the securities held by FF Pathfinder. The Reporting Person disclaims beneficial ownership over the shares held by FF Pathfinder except to the extent of his pecuniary interest therein.
( 19 )These shares are held of record by PT Ventures, LLC ("PTV"), of which the Reporting Person is the Managing Member. The Reporting Person may be deemed to have beneficial ownership over the securities held by PTV. The Reporting Person disclaims beneficial ownership of the shares held by PTV except to the extent of his pecuniary interest therein.
( 20 )These shares are held of record by Thiel Capital LLC, of which the Reporting Person is the Manager. The Reporting Person has beneficial ownership over the securities held by Thiel Capital LLC.
( 21 )These shares are held of record by PLTR Holdings LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by PLTR Holdings LLC.

Remarks:
Due to a 30 line item limitation in Table I, this is the first of two Forms 4 filed by Peter Thiel.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Sec Form 4 Filing - THIEL PETER @ Palantir Technologies Inc. - 2020-09-30