Michael O. McCarthy III - 04 Jun 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Legal Officer
Signature
/s/ Michael O. McCarthy, III
Issuer symbol
QS
Transactions as of
04 Jun 2021
Net transactions value
-$2,804,140
Form type
4
Filing time
08 Jun 2021, 17:00:15 UTC
Previous filing
28 May 2021
Next filing
19 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Conversion of derivative security +31,286 +3.6% 904,168 04 Jun 2021 Direct F1
transaction QS Class A Common Stock Options Exercise $44,245 +68,714 +7.6% $0.6439* 972,882 04 Jun 2021 Direct
transaction QS Class A Common Stock Sale $1,437,630 -50,000 -5.1% $28.75 922,882 04 Jun 2021 Direct F2
transaction QS Class A Common Stock Sale $1,410,755 -50,000 -5.4% $28.22 872,882 04 Jun 2021 Direct F3, F4

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 QS Stock Option (right to buy) Options Exercise $0 -31,286 -28% $0.000000 78,866 04 Jun 2021 Class B Common Stock 31,286 $0.6439 Direct
transaction QS Class B Common Stock Options Exercise $0 +31,286 $0.000000 31,286 04 Jun 2021 Class A Common Stock 31,286 $0.6439 Direct F1
transaction QS Class B Common Stock Conversion of derivative security $0 -31,286 -100% $0.000000* 0 04 Jun 2021 Class A Common Stock 31,286 Direct F1
transaction QS Stock Option (right to buy) Options Exercise $0 -68,714 -11% $0.000000 534,548 04 Jun 2021 Class A Common Stock 68,714 $0.6439 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $29.02, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.42, 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.
F4 Includes 452,447 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.