Timothy Holme - Mar 6, 2023 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Technology Officer
Signature
/s/ Michael O. McCarthy III, attorney-in-fact
Stock symbol
QS
Transactions as of
Mar 6, 2023
Transactions value $
$0
Form type
4
Date filed
3/8/2023, 08:46 PM
Previous filing
Feb 17, 2023
Next filing
Mar 16, 2023

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 Class B Common Stock Gift -1.82M -100% 0 Mar 6, 2023 Class A Common Stock 1.82M By: The Timothy Holme 2020 Annuity TR F1, F2
transaction QS Class B Common Stock Gift +1.82M 1.82M Mar 6, 2023 Class A Common Stock 1.82M By: The Holme 2020 Irrevocable Trust F1, F2
holding QS Class B Common Stock 9.87M Mar 6, 2023 Class A Common Stock 9.87M Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
F2 Compulsory transfers of shares from reporting person's trust to estate planning trust for no consideration based on terms originally entered into in August 2020.