Michael O. Mccarthy III - Aug 10, 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Legal Officer
Signature
/s/ Michael O. McCarthy, III
Stock symbol
QS
Transactions as of
Aug 10, 2022
Transactions value $
-$2,909,390
Form type
4
Date filed
8/12/2022, 05:00 PM
Previous filing
May 19, 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 $223K +211K +42.4% $1.05* 709K Aug 10, 2022 Direct F1
transaction QS Class A Common Stock Options Exercise $26.4K +41K +5.79% $0.64* 750K Aug 10, 2022 Direct
transaction QS Class A Common Stock Sale -$3.16M -252K -33.62% $12.53 498K Aug 10, 2022 Direct F2, F3, 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 -211K -69% $0.00 94.8K Aug 10, 2022 Class A Common Stock 211K $1.05 Direct
transaction QS Stock Option (right to buy) Options Exercise $0 -41K -11.08% $0.00 329K Aug 10, 2022 Class A Common Stock 41K $0.64 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 915 shares acquired under the Issuer's Employee Stock Purchase Plan on June 1, 2022.
F2 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.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.50 to $12.59, 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 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.