Singh Jagdeep - 21 Dec 2023 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Issuer symbol
QS
Transactions as of
21 Dec 2023
Net transactions value
$0
Form type
4
Filing time
26 Dec 2023, 20:00:10 UTC
Previous filing
20 Nov 2023
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Other $0 +2,101 +0.22% $0.000000 972,978 21 Dec 2023 By: The Singh Family Trust UDT dated October 3, 1996 F1
holding QS Class A Common Stock 3,131,151 21 Dec 2023 Direct F2
holding QS Class A Common Stock 6,062,408 21 Dec 2023 By Trusts F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro-rata in-kind distribution of Common Stock of the Issuer by Kleiner Perkins Caufield & Byers XIV, LLC to its members (including the Reporting Person) without consideration.
F2 Includes 1,604,077 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.
F3 The Reporting Person's family members are beneficiaries of the trusts. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.