Jurgen Leohold - 28 Mar 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
28 Mar 2022
Net transactions value
-$345,816
Form type
4
Filing time
30 Mar 2022, 17:01:37 UTC
Previous filing
25 Mar 2022
Next filing
22 Sep 2022
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 Options Exercise $27,454 +20,717 +14% $1.33* 173,306 28 Mar 2022 Direct
transaction QS Class A Common Stock Sale $373,271 -20,717 -12% $18.02 152,589 28 Mar 2022 Direct F1, F2, 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 -20,717 -21% $0.000000 77,175 28 Mar 2022 Class A Common 20,717 $1.33 Direct F4
* 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 $18.00 to $18.05, 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 5,294 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. 100% of the RSUs vest on the first quarterly vesting date following the one-year anniversary of the grant date, subject to the Reporting Person's continued service as of the vesting date.
F4 20% of the shares subject to the option vested and became exercisable on January 1, 2019, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.