Michael O. Mccarthy III - Jan 24, 2023 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
/s/ Kevin Hettrich, as attorney in fact
Stock symbol
QS
Transactions as of
Jan 24, 2023
Transactions value $
$0
Form type
4
Date filed
1/26/2023, 06:00 PM
Previous filing
Nov 18, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Award $0 +380K +96.73% $0.00 773K Jan 24, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer granted RSUs to the Reporting Person. 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 and a portion of the RSUs vest upon achievement of certain performance milestones, subject to the Reporting Person's continued service as of each vesting date.
F2 Includes 652,657 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 Includes 2 shares acquired under the Issuer's Employee Stock Purchase Plan on December 1, 2022.