Sec Form 4 Filing - Taylor Ryan D. @ Palantir Technologies Inc. - 2021-04-13

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 Taylor Ryan D. 2. Issuer Name and Ticker or Trading Symbol Palantir Technologies Inc. [ PLTR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) See Remarks (Last) (First) (Middle) C/O PALANTIR TECHNOLOGIES INC., 1555 BLAKE STREET, SUITE 250 3. Date of Earliest Transaction (MM/DD/YY) 04/13/2021 (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) Code V Amount (A) or (D) Price Class A Common Stock 04/13/2021 C( 1 ) 76,000 A 1,494,434 D Class A Common Stock 04/13/2021 S( 1 ) 76,000 D $ 25 ( 3 ) 1,418,434 D

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 Employee Stock Option (Right to buy) $ 4.72 04/13/2021 M( 1 ) 76,000 ( 4 ) 06/03/2030 Class B Common Stock ( 2 ) 76,000 $ 0 1,535,504 D Class B Common Stock ( 2 ) $ 4.72 04/13/2021 M( 1 ) 76,000 ( 2 ) ( 2 ) Class A Common Stock 76,000 $ 0 206,484 D Class B Common Stock ( 2 ) ( 2 ) 04/13/2021 C( 1 ) 76,000 ( 2 ) ( 2 ) Class A Common Stock 76,000 $ 0 130,484 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Taylor Ryan D. C/O PALANTIR TECHNOLOGIES INC. 1555 BLAKE STREET, SUITE 250 DENVER, CO80202 See Remarks Signatures /s/ Justin V. Laubach, under power of attorney 04/15/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )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. ( 2 )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. ( 3 )This transaction represents a sale of shares in the open market made at a price of $25.00 per share. ( 4 )The option, originally for 1,611,504 shares, vested as to 11,500 shares on April 1, 2018 and each month thereafter through December 1, 2019; 30,000 shares vested on January 1, 2020 and vest each month thereafter through March 1, 2022; and 46,667 shares vest on April 1, 2022 and each month thereafter through March 1, 2023, subject to the Reporting Person continuing as a service provider through each such date.

Remarks: Officer title: Chief Legal and Business Affairs Officer

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).

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