Michael O. McCarthy III - 26 Jun 2024 Form 4 Insider Report for QuantumScape Corp (QS)

Role: CHIEF LEGAL OFFICER
Signature: /s/ Michael O. McCarthy, III
Issuer symbol: QS
Transactions as of: 26 Jun 2024
Net transactions value: +$307,434
Form type: 4
Filing time: 28 Jun 2024, 16:55:05 UTC
Previous filing: 21 May 2024
Next filing: 31 Jul 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	Options Exercise	$99,992	+76,167	+6.3%	$1.31	1,283,667	26 Jun 2024	Direct
transaction	QS	Class A Common Stock	Options Exercise	$207,442	+156,536	+12%	$1.33	1,440,203	26 Jun 2024	Direct	F1

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	QS	Stock Option (right to buy)	Options Exercise	$0	-76,167	-100%	$0.000000^*	0	26 Jun 2024	Class A Common Stock	76,167	$1.31	Direct
transaction	QS	Stock Option (right to buy)	Options Exercise	$0	-156,536	-23%	$0.000000	511,073	26 Jun 2024	Class A Common Stock	156,536	$1.33	Direct

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

Explanation of Responses:

Id	Content
F1	Includes 1,020,732 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs"). Each RSU/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

Includes 1,020,732 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs"). Each RSU/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.