Michael O. Mccarthy III - May 16, 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
May 16, 2023
Transactions value $
-$146,785
Form type
4
Date filed
5/18/2023, 08:10 PM
Previous filing
Apr 7, 2023
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Options Exercise $100K +94.8K +10.62% $1.05* 988K May 16, 2023 Direct
transaction QS Class A Common Stock Tax liability -$80.1K -13.7K -1.39% $5.83 974K May 16, 2023 Direct F1, F2
transaction QS Class A Common Stock Tax liability -$108K -17.8K -1.83% $6.08 957K May 17, 2023 Direct F1, F3
transaction QS Class A Common Stock Tax liability -$58.5K -9.67K -1.01% $6.05 947K May 18, 2023 Direct F1, F4, F5

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 -94.8K -100% $0.00* 0 May 16, 2023 Class A Common Stock 94.8K $1.05 Direct
* 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 683,550 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.