Kevin Kennedy - 19 May 2022 Form 4 Insider Report for Quanergy Systems, Inc.

Signature
/s/ Jerry Allison (Attorney-in-Fact)
Issuer symbol
N/A
Transactions as of
19 May 2022
Net transactions value
$0
Form type
4
Filing time
23 May 2022, 19:53:33 UTC
Previous filing
10 Feb 2022
Next filing
07 Jun 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QNGYQ Restricted Stock Unit Award $0 +1,066,972 $0.000000 1,066,972 19 May 2022 Common Stock 1,066,972 Direct F1, F2
transaction QNGYQ Restricted Stock Unit Award $0 +132,743 $0.000000 132,743 19 May 2022 Common Stock 132,743 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's Common Stock.
F2 Subject to the reporting person's continuous service with the Company, one-twelfth (1/12th) of the award shall vest quarterly, with the first vesting date of August 15, 2022, and one twelfth (1/12th) of the award shall vest on each of February 15th, May 15th, August 15th and November 15th, thereafter, until fully vested.
F3 The award was fully vested upon the date of grant.