Michael O. McCarthy III - 29 Jul 2024 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
/s/ Michael O. McCarthy, III
Issuer symbol
QS
Transactions as of
29 Jul 2024
Net transactions value
-$3,703,352
Form type
4
Filing time
31 Jul 2024, 19:03:18 UTC
Previous filing
28 Jun 2024
Next filing
07 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Options Exercise $87,622 +66,120 +4.6% $1.33 1,506,323 29 Jul 2024 Direct
transaction QS Class A Common Stock Sale $1,464,337 -222,476 -15% $6.58 1,283,847 29 Jul 2024 Direct F1
transaction QS Class A Common Stock Options Exercise $294,827 +222,477 +17% $1.33 1,506,324 30 Jul 2024 Direct
transaction QS Class A Common Stock Sale $1,452,530 -222,477 -15% $6.53 1,283,847 30 Jul 2024 Direct F2
transaction QS Class A Common Stock Options Exercise $294,825 +222,476 +17% $1.33 1,506,323 31 Jul 2024 Direct
transaction QS Class A Common Stock Sale $1,463,759 -222,476 -15% $6.58 1,283,847 31 Jul 2024 Direct F3, F4

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 -66,120 -13% $0.000000 444,953 29 Jul 2024 Class A Common Stock 66,120 $1.33 Direct
transaction QS Stock Option (right to buy) Options Exercise $0 -222,477 -50% $0.000000 222,476 30 Jul 2024 Class A Common Stock 222,477 $1.33 Direct
transaction QS Stock Option (right to buy) Options Exercise $0 -222,476 -100% $0.000000* 0 31 Jul 2024 Class A Common Stock 222,476 $1.33 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.52 to $6.70, 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.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.44 to $6.64, 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 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.435 to $6.82, 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.
F4 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.