Michael O. Mccarthy III - Dec 14, 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Legal Officer
Signature
/s/ Michael O. McCarthy, III
Stock symbol
QS
Transactions as of
Dec 14, 2021
Transactions value $
-$6,157,708
Form type
4
Date filed
12/16/2021, 04:00 PM
Previous filing
Dec 9, 2021
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Options Exercise $64.4K +100K +23.69% $0.64* 522K Dec 14, 2021 Direct
transaction QS Class A Common Stock Sale -$2.41M -100K -19.16% $24.08 422K Dec 14, 2021 Direct F1, F2
transaction QS Class A Common Stock Sale -$3.81M -159K -100% $24.01 0 Dec 14, 2021 By: Chesapeake Trust, dated June 18 2021, Jennifer McCarthy and Owen Desmon McCarthy as Co-Trustees F3

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 Stock Option (right to buy) Options Exercise $0 -100K -21.26% $0.00 370K Dec 14, 2021 Class A Common Stock 100K $0.64 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.48, 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 Includes 351,903 shares represented by 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.10, 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.