Timothy Holme - Aug 3, 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Technology Officer
Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Stock symbol
QS
Transactions as of
Aug 3, 2022
Transactions value $
-$3,196,233
Form type
4
Date filed
8/5/2022, 06:00 PM
Previous filing
May 24, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Options Exercise $229K +217K $1.05* 217K Aug 3, 2022 By: The Holme-Dang Living Trust dated 12/13/2015, Jessica Dang and Timothy Holme as trustees F1
transaction QS Class A Common Stock Options Exercise $110K +82.9K +38.19% $1.33* 300K Aug 3, 2022 By: The Holme-Dang Living Trust dated 12/13/2015, Jessica Dang and Timothy Holme as trustees F1
transaction QS Class A Common Stock Sale -$3.53M -300K -100% $11.78 0 Aug 3, 2022 By: The Holme-Dang Living Trust dated 12/13/2015, Jessica Dang and Timothy Holme as trustees F2, F3
holding QS Class A Common Stock 357K Aug 3, 2022 Direct F4

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 -217K -100% $0.00* 0 Aug 3, 2022 Class A Common Stock 217K $1.05 Direct
transaction QS Stock Option (right to buy) Options Exercise $0 -82.9K -12.42% $0.00 585K Aug 3, 2022 Class A Common Stock 82.9K $1.33 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately upon the exercise of the option grant, the shares were registered in the name of the Reporting Person's family trust; therefore, the shares are indirectly owned.
F2 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.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.33 to $12.115, 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.
F4 Includes 291,412 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.