Fritz Prinz - Jun 8, 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Role: Director
Signature: /s/ Michael O. McCarthy, III, attorney-in-fact
Stock symbol: QS
Transactions as of: Jun 8, 2022
Transactions value $: -$1,869,892
Form type: 4
Date filed: 6/10/2022, 05:01 PM
Previous filing: May 27, 2022
Next filing: Aug 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QS	Class A Common Stock	Sale	-$1.12M	-93.4K	-38.93%	$12.02	146K	Jun 8, 2022	By Friedrich Prinz and Gertrud Prinz, Trustees of the Prinz Family Trust dated September 17, 2018	F1, F2
transaction	QS	Class A Common Stock	Sale	-$374K	-31.1K	-49.18%	$12.02	32.2K	Jun 8, 2022	By Marie Helene Prinz 2019 Trust dated June 17, 2019	F1, F2
transaction	QS	Class A Common Stock	Sale	-$374K	-31.1K	-49.18%	$12.02	32.2K	Jun 8, 2022	By Benedikt Prinz 2019 Trust dated June 17, 2019	F1, F2
transaction	QS	Class A Common Stock	Conversion of derivative security		+818K	+558.54%		965K	Jun 9, 2022	By Friedrich Prinz and Gertrud Prinz, Trustees of the Prinz Family Trust dated September 17, 2018	F3
transaction	QS	Class A Common Stock	Conversion of derivative security		+289K	+899.82%		322K	Jun 9, 2022	By Marie Helene Prinz 2019 Trust dated June 17, 2019	F3
transaction	QS	Class A Common Stock	Conversion of derivative security		+289K	+899.82%		322K	Jun 9, 2022	By Benedikt Prinz 2019 Trust dated June 17, 2019	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	Class B Common Stock	Conversion of derivative security		-818K	-11.37%		6.37M	Jun 9, 2022	Class A Common Stock	818K		By Friedrich Prinz and Gertrud Prinz, Trustees of the Prinz Family Trust dated September 17, 2018	F3, F4, F5, F6
transaction	QS	Class B Common Stock	Conversion of derivative security		-289K	-26.53%		801K	Jun 9, 2022	Class A Common Stock	289K		By Marie Helene Prinz 2019 Trust dated June 17, 2019	F3
transaction	QS	Class B Common Stock	Conversion of derivative security		-289K	-26.53%		801K	Jun 9, 2022	Class A Common Stock	289K		By Benedikt Prinz 2019 Trust dated June 17, 2019	F3
holding	QS	Class B Common Stock						1.06M	Jun 8, 2022	Class A Common Stock			By: Gertrude Prinz Annuity Trust dated August 31, 2020	F3, F5
holding	QS	Class B Common Stock						1.06M	Jun 8, 2022	Class A Common Stock			By: Friedrich Prinz Annuity Trust dated August 31, 2020	F3, F6

* 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 $11.64 to $12.39, 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 Class B Common Stock is convertible into Class A Common Stock at the holder's election and has no expiration date or conversion price. On June 9, 2022, the Reporting Person directed the conversion of shares of Class B Common Stock into Class A Common Stock.
F4	The Reporting Person transferred 6,890,327 shares of Class B Common Stock to a trust on November 30, 2021 and such shares are now owned indirectly.
F5	The Gertrude Prinz Annuity Trust dated August 31, 2020 transferred 151,394 shares of Class B Common Stock to Friedrich Prinz and Gertrud Prinz, Trustees of the Prinz Family Trust dated September 17, 2018 on November 30, 2021.
F6	The Friedrich Prinz Annuity Trust dated August 31, 2020 transferred 151,394 shares of Class B Common Stock to Friedrich Prinz and Gertrud Prinz, Trustees of the Prinz Family Trust dated September 17, 2018 on November 30, 2021.