Timothy Holme - 16 Feb 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Issuer symbol
QS
Transactions as of
16 Feb 2022
Net transactions value
-$222,447
Form type
4
Filing time
18 Feb 2022, 15:39:25 UTC
Previous filing
29 Dec 2021
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Tax liability $222,447 -13,058 -5% $17.04 250,621 16 Feb 2022 Direct F1, F2, F3
holding QS Class A Common Stock 149,488 16 Feb 2022 By: The Holme-Dang Living Trust dated 12/13/2015, Jessica Dang and Timothy Holme as trustees F4
* 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 $16.78 to $17.27, 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 201,086 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.
F4 Includes 137,829 shares transferred from Timothy Holme to The Holme-Dang Living Trust dated 12/13/2015, Jessica Dang and Timothy Holme as trustees in December 2021 and such shares are now owned indirectly by the Reporting Person.