Kevin Hettrich - Dec 9, 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Stock symbol
QS
Transactions as of
Dec 9, 2021
Transactions value $
-$1,159,299
Form type
4
Date filed
12/13/2021, 06:00 PM
Previous filing
Nov 18, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Sale -$548K -22.3K -3.5% $24.55 615K Dec 9, 2021 Direct F1, F2, F3
transaction QS Class A Common Stock Sale -$535K -21.1K -3.42% $25.41 594K Dec 9, 2021 Direct F1, F4
transaction QS Class A Common Stock Sale -$76K -2.9K -0.49% $26.20 592K Dec 9, 2021 Direct F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2021.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.03 to $25.02, 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 581 shares acquired by the Reporting Person on December 1, 2021 pursuant to the Issuer's Employee Stock Purchase Plan.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.03 to $26.01, 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 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.03 to $26.32, 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 Includes 469,206 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.