Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | QS | Class A Common Stock | Conversion of derivative security | +1M | +283.77% | 1.35M | Aug 10, 2021 | Direct | F1, F2 |
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 | -1M | -7.7% | $0.00 | 12M | Aug 10, 2021 | Class A Common Stock | 1M | Direct | F1 |
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. |