Dipender Saluja - 20 Sep 2022 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Director
Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Issuer symbol
QS
Transactions as of
20 Sep 2022
Net transactions value
$0
Form type
4
Filing time
22 Sep 2022, 21:00:24 UTC
Previous filing
24 Jan 2023
Next filing
07 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Award $0 +14,625 +5.9% $0.000000 264,384 20 Sep 2022 Direct F1, F2
holding QS Class A Common Stock 13,190,579 20 Sep 2022 By Capricorn-Libra Investment Group, LP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 20, 2022, the Issuer granted RSUs to the Reporting Person as an annual award automatically granted under the Issuer's Outside Director Compensation Policy. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs vest on the earlier of the one-year anniversary of the date the RSUs were granted or the day before the next annual meeting of stockholders, subject to the Reporting Person's continued service as of the vesting date.
F2 Includes 19,919 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.
F3 The Reporting Person has shared voting and investment power over the shares held by Capricorn-Libra Investment Group, LP. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.