Timothy Holme - 14 Sep 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Issuer symbol
QS
Transactions as of
14 Sep 2021
Net transactions value
-$15,559,445
Form type
4
Filing time
16 Sep 2021, 18:01:03 UTC
Previous filing
19 Aug 2021
Next filing
18 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Sale $6,461,844 -304,041 -23% $21.25 1,030,135 14 Sep 2021 Direct F1
transaction QS Class A Common Stock Sale $9,097,601 -435,065 -42% $20.91 595,070 15 Sep 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.61, 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 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.60 to $21.25, 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 268,117 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.