Michael O. McCarthy III - 21 Apr 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role: Chief Legal Officer
Signature: /s/ Michael O. McCarthy, III
Issuer symbol: QS
Transactions as of: 21 Apr 2021
Net transactions value: $0
Form type: 4
Filing time: 24 Mar 2022, 17:06:15 UTC
Next filing: 21 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QS	Class A Common Stock	Conversion of derivative security	$0	+820,435	+146%	$0.000000	1,382,228	21 Apr 2021	Direct	F1

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	Class B Common Stock	Conversion of derivative security	$0	-820,435	-100%	$0.000000^*	0	21 Apr 2021	Class A Common Stock	820,435		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 502,719 shares represented by RSUs. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest over time subject to the Reporting Person's continued service as of each vesting date.
F2	Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.