Justin Mirro - Jul 30, 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Director
Signature
/s/ Kevin Hettrich, attorney-in-fact
Stock symbol
QS
Transactions as of
Jul 30, 2021
Transactions value $
-$6,883,957
Form type
4
Date filed
8/3/2021, 08:49 PM
Previous filing
May 24, 2021
Next filing
Aug 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Sale -$4.35M -190K -16.57% $22.92 955K Jul 30, 2021 By Kensington Capital Partners, LLC F1, F2, F3
transaction QS Class A Common Stock Sale -$240K -10.3K -1.07% $23.40 945K Jul 30, 2021 By Kensington Capital Partners, LLC F1, F3, F4
transaction QS Class A Common Stock Sale -$1.1M -48.2K -16.06% $22.93 252K Jul 30, 2021 By Kensington Capital Trust F1, F5, F6
transaction QS Class A Common Stock Sale -$43K -1.83K -0.73% $23.43 250K Jul 30, 2021 By Kensington Capital Trust F1, F6, F7
transaction QS Class A Common Stock Sale -$1.09M -47.5K -15.85% $22.92 252K Jul 30, 2021 By Justin E. Mirro 2020 Qualified Annuity Trust F1, F8, F9
transaction QS Class A Common Stock Sale -$57.5K -2.46K -0.97% $23.40 250K Jul 30, 2021 By Justin E. Mirro 2020 Qualified Annuity Trust F1, F9, F10
holding QS Class A Common Stock 4.01M Jul 30, 2021 By Kensington Capital Sponsor LLC F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.33 to $23.32, 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 Form 4.
F3 Held of record by Kensington Capital Partners, LLC, for which the Reporting Person is the managing member and sole owner.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.33 to $23.56, 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 Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.37 to $23.36, 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 Form 4.
F6 Held of record by the Kensington Capital Trust under agreement dated June 27, 2020, for which the Reporting Person's spouse serves as a trustee. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.37 to $23.56, 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 Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.34 to $23.31, 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 Form 4.
F9 Held of record by the Justin E. Mirro 2020 Qualified Annuity Trust under agreement dated June 27, 2020, for which the Reporting Person serves as trustee. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.34 to $23.56, 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 Form 4.
F11 As a managing member of the managing member of Kensington Capital Sponsor LLC (the "Sponsor"), the Reporting Person may be deemed to share beneficial ownership of the shares of Class A Common Stock held directly by the Sponsor, and disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.