Timothy Holme - 03 Aug 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Role: Chief Technology Officer
Signature: /s/ Michael O. McCarthy, III, attorney-in-fact
Issuer symbol: QS
Transactions as of: 03 Aug 2022
Net transactions value: -$3,196,233
Form type: 4
Filing time: 05 Aug 2022, 18:00:16 UTC
Previous filing: 24 May 2022
Next filing: 18 Aug 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	$228,863	+217,096		$1.05^*	217,096	03 Aug 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	$109,864	+82,904	+38%	$1.33^*	300,000	03 Aug 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	$3,534,960	-300,000	-100%	$11.78	0	03 Aug 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						356,792	03 Aug 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	-217,096	-100%	$0.000000^*	0	03 Aug 2022	Class A Common Stock	217,096	$1.05	Direct
transaction	QS	Stock Option (right to buy)	Options Exercise	$0	-82,904	-12%	$0.000000	584,706	03 Aug 2022	Class A Common Stock	82,904	$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.