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

Role
CEO; Chairman of Board, Director
Signature
/s/ Jerry Allison (Attorney-in-Fact)
Stock symbol
QNGYQ
Transactions as of
May 19, 2022
Transactions value $
$0
Form type
4
Date filed
5/23/2022, 07:53 PM
Previous filing
Feb 10, 2022
Next filing
Jun 7, 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 +1.07M $0.00 1.07M May 19, 2022 Common Stock 1.07M Direct F1, F2
transaction QNGYQ Restricted Stock Unit Award $0 +133K $0.00 133K May 19, 2022 Common Stock 133K 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.