MICHAEL O. MCCARTHY III - 05 Apr 2024 Form 4 Insider Report for QuantumScape Corp (QS)

Role: CHIEF LEGAL OFFICER
Signature: /s/ Michael O. McCarthy
Issuer symbol: QS
Transactions as of: 05 Apr 2024
Transactions value $: $0
Form type: 4
Filing time: 09 Apr 2024, 20:00:15 UTC
Previous filing: 06 Mar 2024
Next filing: 20 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QS	Class A Common Stock	Award	$0	+532K	+74.72%	$0.00	1.24M	05 Apr 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Issuer granted restricted stock units ("RSUs") (50%) and performance restricted stock units ("PSUs") (50%) to the Reporting Person. Each RSU and PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.
F2	Includes 1,056,828 shares represented by RSUs and PSUs. Each RSU and PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.

Content

The Issuer granted restricted stock units ("RSUs") (50%) and performance restricted stock units ("PSUs") (50%) to the Reporting Person. Each RSU and PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.

Includes 1,056,828 shares represented by RSUs and PSUs. Each RSU and PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.