Enzo Signore - Aug 23, 2022 Form 4 Insider Report for Quanergy Systems, Inc. (QNGYQ)

Signature
/s/ Jerry Allison, Attorney-in-Fact
Stock symbol
QNGYQ
Transactions as of
Aug 23, 2022
Transactions value $
$0
Form type
4
Date filed
8/24/2022, 08:00 PM
Previous filing
May 23, 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 +100K $0.00 100K Aug 23, 2022 Common Stock 100K 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: (i) one half (1/2) of the total number of restricted stock units subject to this award shall vest on November 15, 2023, the first anniversary of the vesting commencement date and (ii) one half (1/2) of the total number of restricted stock units subject to this award shall vest on November 15, 2024, the second anniversary of the vesting commencement date.