Khosla Ventures III, L.P. - Dec 2, 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
10%+ Owner
Signature
/s/ John J. Demeter, as attorney in fact for Vinod Khosla, as Managing Member of VK Services, LLC, in its capacity as Manager of Khosla Ventures Associates III, LLC, in its capacity as general partner of Khosla Ventures III, L.P.
Stock symbol
QS
Transactions as of
Dec 2, 2021
Transactions value $
$0
Form type
4
Date filed
12/6/2021, 06:48 PM
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Other $0 -3.54M -73.37% $0.00 1.29M Dec 2, 2021 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Khosla Ventures III, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On December 2, 2021, 3,544,040 shares of Class A Common Stock held by Khosla Ventures III, L.P. ("KV III") were distributed to the limited partners and general partners of KV III in a pro rata distribution for no consideration. Of such distributed shares, 1,288,742 shares of Class A Common Stock were received by Khosla Ventures Associates III, LLC ("KVA III") and subsequently distributed by KVA III to its members. Of such distributed shares received by KVA III, 890,137 shares of Class A Common Stock were received by VK Services, LLC ("VK Services").
F2 Consists of securities held of record by KV III, of which KVA III is the general partner. Vinod Khosla is the managing member of VK Services, which is the manager of KVA III. Each of KVA III, VK Services and Vinod Khosla may be deemed to possess voting and investment control over such securities held by KV III, and each of KVA III, VK Services and Vinod Khosla may be deemed to have indirect beneficial ownership of such securities held by KV III. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein.