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

Role
Chief Executive Officer, Director, Chairman, 10%+ Owner
Signature
Michael O. McCarthy, III, attorney-in-fact
Stock symbol
QS
Transactions as of
May 19, 2021
Transactions value $
-$3,729,590
Form type
4
Date filed
5/21/2021, 08:19 PM
Previous filing
Jul 26, 2021
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Tax liability -$3.73M -131K -3.49% $28.43 3.63M May 19, 2021 Direct F1, F2, F3
holding QS Class A Common Stock 966K May 19, 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.