Mohit Singh - Feb 13, 2023 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Development Officer
Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Stock symbol
QS
Transactions as of
Feb 13, 2023
Transactions value $
-$1,695,188
Form type
4
Date filed
2/15/2023, 07:00 PM
Previous filing
Feb 3, 2023
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 Options Exercise $11.3K +8.5K +1.29% $1.33* 666K Feb 13, 2023 Direct F1
transaction QS Class A Common Stock Sale -$68.8K -8.5K -1.28% $8.09 658K Feb 13, 2023 Direct F1, F2
transaction QS Class A Common Stock Options Exercise $237K +179K +27.14% $1.33* 836K Feb 15, 2023 Direct F1
transaction QS Class A Common Stock Sale -$1.87M -179K -21.35% $10.50 658K Feb 15, 2023 Direct F1, F3

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 -8.5K -0.79% $0.00 1.07M Feb 13, 2023 Class A Common Stock 8.5K $1.33 Direct F1
transaction QS Stock Option (righ to buy) Options Exercise $0 -179K -16.64% $0.00 894K Feb 15, 2023 Class A Common Stock 179K $1.33 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in December 2021.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.03 to $8.25, 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 Includes 588,841 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.