| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QS | Class A Common Stock | Tax liability | -$43.7K | -7.8K | -4.2% | $5.60 | 178K | Jun 10, 2024 | Direct | F1, F2 |
| transaction | QS | Class A Common Stock | Award | $0 | +34.4K | +19.35% | $0.00 | 212K | Jun 11, 2024 | Direct | F3, F4 |
| 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 $5.60 to $5.615, 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 | On June 11, 2024, the Issuer granted RSUs to the Reporting Person as an annual award automatically granted under the Issuer's Outside Director Compensation Policy. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs vest on the earlier of the one-year anniversary of the date the RSUs were granted or the day before the next annual meeting of stockholders, subject to the Reporting Person's continued service as of the vesting date. |
| F4 | Includes 34,423 shares represented by RSUs. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer per the applicable vesting schedule, subject to the Reporting Person's continued service as of each vesting date. |