Gena C. Lovett - 14 Jan 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Director
Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Issuer symbol
QS
Transactions as of
14 Jan 2022
Net transactions value
$0
Form type
4
Filing time
19 Jan 2022, 10:33:44 UTC
Previous filing
13 Sep 2021
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Award $0 +14,260 $0.000000 14,260 14 Jan 2022 Direct F1
transaction QS Class A Common Stock Award $0 +6,535 +46% $0.000000 20,795 14 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 14, 2022 the Issuer granted RSUs to the Reporting Person as an initial award automatically granted under the Issuer's Outside Director Compensation Policy. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest quarterly over three years, subject to the Reporting Person's continued service as each vesting date.
F2 On January 14, 2022, the Issuer granted RSUs to the Reporting Person as a pro-rated annual award automatically granted under the Issuer's Outside Director Compensation Policy. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs shall vest on February 15, 2023, subject to the Reporting Person's continued service as the vesting date.