Jurgen Leohold - 02 Aug 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Director
Signature
/s/ Kevin Hettrich, attorney-in-fact
Issuer symbol
QS
Transactions as of
02 Aug 2021
Net transactions value
-$1,922,476
Form type
4
Filing time
04 Aug 2021, 17:00:48 UTC
Previous filing
14 Jun 2021
Next filing
13 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Options Exercise $66,260 +50,000 +51% $1.33* 147,295 02 Aug 2021 Direct
transaction QS Class A Common Stock Sale $892,712 -39,831 -27% $22.41 107,464 02 Aug 2021 Direct F1
transaction QS Class A Common Stock Sale $237,027 -10,169 -9.5% $23.31 97,295 02 Aug 2021 Direct F2
transaction QS Class A Common Stock Options Exercise $237,700 +100,000 +103% $2.38 197,295 03 Aug 2021 Direct
transaction QS Class A Common Stock Sale $741,670 -34,181 -17% $21.70 163,114 03 Aug 2021 Direct F3
transaction QS Class A Common Stock Sale $350,420 -15,619 -9.6% $22.44 147,495 03 Aug 2021 Direct F4
transaction QS Class A Common Stock Sale $4,607 -200 -0.14% $23.04 147,295 03 Aug 2021 Direct F5

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 -50,000 -25% $0.000000 152,175 02 Aug 2021 Class A Common Stock 50,000 $1.33 Direct F6
transaction QS Stock Option (right to buy) Options Exercise $0 -100,000 -25% $0.000000 302,175 03 Aug 2021 Class A Common Stock 100,000 $2.38 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.985, 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.02 to $23.70, 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 $21.54 to $21.87, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.87, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.07, 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.
F6 20% of the shares subject to the option vested and became exercisable on January 1, 2019, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.
F7 20% of the shares subject to the option will vest and become exercisable on December 11, 2020, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.