Timothy Holme - 10 Aug 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Technology Officer
Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Issuer symbol
QS
Transactions as of
10 Aug 2021
Net transactions value
$0
Form type
4
Filing time
12 Aug 2021, 11:04:35 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 +1,000,000 +284% 1,352,395 10 Aug 2021 Direct F1, F2

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 Class B Common Stock Conversion of derivative security $0 -1,000,000 -7.7% $0.000000 11,984,992 10 Aug 2021 Class A Common Stock 1,000,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time, at the holder's election, and has no expiration date. On August 10, 2021, the Reporting Person directed the conversion of 1,000,000 shares of Class B Common Stock into Class A Common Stock.
F2 Includes 301,630 shares represented by restricted stock units ("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.