| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QS | Class A Common Stock | Options Exercise | $29.4K | +27.9K | +5.14% | $1.05* | 571K | May 13, 2022 | Direct | |
| transaction | QS | Class A Common Stock | Sale | -$349K | -27.9K | -4.88% | $12.51 | 543K | May 13, 2022 | Direct | F1, F2, F3 |
| 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 | -27.9K | -8.35% | $0.00 | 306K | May 13, 2022 | Class A Common Stock | 27.9K | $1.05 | Direct |
| 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 December 2021. |
| F2 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.50 to $12.525, 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 440,949 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. |