Michael O. Mccarthy III - May 17, 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
/s/ Michael O. McCarthy, III
Stock symbol
QS
Transactions as of
May 17, 2022
Transactions value $
-$544,374
Form type
4
Date filed
5/19/2022, 05:01 PM
Previous filing
May 17, 2022
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Tax liability -$306K -25.8K -4.76% $11.84 517K May 17, 2022 Direct F1, F2
transaction QS Class A Common Stock Sale -$239K -20K -3.87% $11.94 497K May 18, 2022 Direct F3, F4, F5
* 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 $11.48 to $12.12, 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 The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in December 2021.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.84 to $12.11, 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.
F5 Includes 390,677 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.