Jagdeep Singh - Aug 17, 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Executive Officer, Director, Chairman, 10%+ Owner
Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Stock symbol
QS
Transactions as of
Aug 17, 2021
Transactions value $
-$2,759,656
Form type
4
Date filed
8/19/2021, 06:00 PM
Previous filing
Aug 11, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Tax liability -$2.76M -137K -3.76% $20.20 3.5M Aug 17, 2021 Direct F1, F2, F3
holding QS Class A Common Stock 969K Aug 17, 2021 By: The Singh Family Trust UDT dated October 3, 1996
holding QS Class A Common Stock 250K Aug 17, 2021 By: Marie Helene Prinz 2019 Trust dated June 17, 2019
holding QS Class A Common Stock 250K Aug 17, 2021 By: Benedikt Prinz 2019 Trust dated June 17, 2019
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.84 to $20.59, 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 Includes 3,016,310 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.