Timothy Holme - May 16, 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
May 16, 2023
Transactions value $
-$203,915
Form type
4
Date filed
5/18/2023, 08:07 PM
Previous filing
Apr 7, 2023
Next filing
Jul 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Tax liability -$66.2K -11.3K -1.35% $5.83 829K May 16, 2023 Direct F1, F2
transaction QS Class A Common Stock Tax liability -$89.4K -14.7K -1.77% $6.08 814K May 17, 2023 Direct F1, F3
transaction QS Class A Common Stock Tax liability -$48.3K -7.99K -0.98% $6.05 806K May 18, 2023 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.77 to $5.90, 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 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.83 to $6.21, 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.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.98 to $6.12, 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.
F5 Includes 657,534 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.