Lori S. Sundberg - Jul 1, 2022 Form 4 Insider Report for Quanergy Systems, Inc. (QNGYQ)

Role
CHIEF HUMAN RESOURCES OFFICER
Signature
/s/ Jerry Allison , Attorney-in-Fact
Stock symbol
QNGYQ
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/1/2022, 04:06 PM
Previous filing
Jun 27, 2022
Next filing
Aug 24, 2022

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 QNGYQ Restricted Stock Unit Award $0 +300K $0.00 300K Jul 1, 2022 Common Stock 300K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's Common Stock.
F2 Subject to the reporting person's continuous service with the Company, one fourth (1/4th) of the total number of Restricted Stock Units subject to this Award shall vest on August 15, 2023, and thereafter one sixteenth (1/16th) of the total number of Restricted Stock Units shall vest on each of November 15th, February 15th, May 15th and August 15th until fully vested.