Jerry Allison - Jun 16, 2022 Form 3 Insider Report for Quanergy Systems, Inc. (QNGYQ)

Role
General Counsel
Signature
/s/ Jerry Allison
Stock symbol
QNGYQ
Transactions as of
Jun 16, 2022
Transactions value $
$0
Form type
3
Date filed
6/27/2022, 05:26 PM
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
holding QNGYQ Restricted Stock Unit Jun 16, 2022 Common Stock 334K Direct F1, F2
holding QNGYQ Restricted Stock Unit Jun 16, 2022 Common Stock 38.8K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the reporting person's continuous service with the Company, the award shall vest and become exercisable over four (4) years. One-fourth (1/4th) of the award shall vest August 26, 2022 and thereafter shall vest quarterly on November 15th, February 15th, May 15th, August 15th.
F2 Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's common stock.
F3 Subject to the reporting person's continuous service with the Company, the award, granted on May 19, 2022, shall vest and become exercisable quarterly over three (3) years starting on August 15, 2022 and each November 15th, February 15th, May 15th and August 15th thereafter.