Mohit Singh - Aug 16, 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Development Officer
Signature
/s/ Kevin Hettrich, attorney-in-fact
Stock symbol
QS
Transactions as of
Aug 16, 2022
Transactions value $
-$540,621
Form type
4
Date filed
8/18/2022, 05:21 PM
Previous filing
Aug 3, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Tax liability -$311K -24.3K -7.43% $12.81 302K Aug 16, 2022 Direct F1, F2
transaction QS Class A Common Stock Options Exercise $28.2K +21.3K +7.03% $1.33* 323K Aug 17, 2022 Direct
transaction QS Class A Common Stock Sale -$258K -21.3K -6.57% $12.15 302K Aug 17, 2022 Direct F3, F4, F5

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 -21.3K -1.66% $0.00 1.26M Aug 17, 2022 Class A Common Stock 21.3K $1.33 Direct
* 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 $12.65 to $13.00, 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 Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.06 to $12.34, 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 250,155 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.