Michael O. Mccarthy III - Mar 1, 2023 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Legal Officer
Signature
/s/ Michael O. McCarthy, III
Stock symbol
QS
Transactions as of
Mar 1, 2023
Transactions value $
-$2,645,086
Form type
4
Date filed
3/3/2023, 07:46 PM
Previous filing
Feb 17, 2023
Next filing
Apr 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Options Exercise $84.1K +131K +18.01% $0.64* 856K Mar 1, 2023 Direct
transaction QS Class A Common Stock Sale -$1.18M -131K -15.26% $9.05 725K Mar 1, 2023 Direct F1
transaction QS Class A Common Stock Options Exercise $104K +162K +22.33% $0.64* 887K Mar 3, 2023 Direct
transaction QS Class A Common Stock Options Exercise $32K +24.4K +2.75% $1.31* 912K Mar 3, 2023 Direct
transaction QS Class A Common Stock Sale -$1.68M -186K -20.44% $9.03 725K Mar 3, 2023 Direct F2, 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 -131K -44.65% $0.00 162K Mar 1, 2023 Class A Common Stock 131K $0.64 Direct
transaction QS Stock Option (right to buy) Options Exercise $0 -162K -100% $0.00* 0 Mar 3, 2023 Class A Common Stock 162K $0.64 Direct
transaction QS Stock Option (right to buy) Options Exercise $0 -24.4K -24.24% $0.00 76.2K Mar 3, 2023 Class A Common Stock 24.4K $1.31 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.85 to $9.22, 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.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.105, 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 593,678 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.