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

Role
Chief Revenue Officer
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, 08:06 PM
Previous filing
Feb 10, 2022
Next filing
Aug 24, 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 +155K $0.00 155K May 19, 2022 Common Stock 155K Direct F1, F2
* 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.