Singh Jagdeep - 19 May 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
Michael O. McCarthy, III, attorney-in-fact
Issuer symbol
QS
Transactions as of
19 May 2021
Net transactions value
-$3,729,590
Form type
4
Filing time
21 May 2021, 20:19:33 UTC
Previous filing
26 Jul 2021
Next filing
03 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Tax liability $3,729,590 -131,185 -3.5% $28.43 3,633,013 19 May 2021 Direct F1, F2, F3
holding QS Class A Common Stock 966,100 19 May 2021 By: The Singh Family Trust UDT dated October 3, 1996
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.80 to $28.97, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3 Includes 3,267,670 shares represented by RSUs. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. A portion of the RSUs vest each quarter, subject to the Reporting Person's continued service as of each vesting date.