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

Signature
/s/ Michael O. McCarthy, III
Stock symbol
QS
Transactions as of
Jul 29, 2024
Transactions value $
-$3,703,352
Form type
4
Date filed
7/31/2024, 07:03 PM
Previous filing
Jun 28, 2024
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Options Exercise $87.6K +66.1K +4.59% $1.33 1.51M Jul 29, 2024 Direct
transaction QS Class A Common Stock Sale -$1.46M -222K -14.77% $6.58 1.28M Jul 29, 2024 Direct F1
transaction QS Class A Common Stock Options Exercise $295K +222K +17.33% $1.33 1.51M Jul 30, 2024 Direct
transaction QS Class A Common Stock Sale -$1.45M -222K -14.77% $6.53 1.28M Jul 30, 2024 Direct F2
transaction QS Class A Common Stock Options Exercise $295K +222K +17.33% $1.33 1.51M Jul 31, 2024 Direct
transaction QS Class A Common Stock Sale -$1.46M -222K -14.77% $6.58 1.28M Jul 31, 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 -66.1K -12.94% $0.00 445K Jul 29, 2024 Class A Common Stock 66.1K $1.33 Direct
transaction QS Stock Option (right to buy) Options Exercise $0 -222K -50% $0.00 222K Jul 30, 2024 Class A Common Stock 222K $1.33 Direct
transaction QS Stock Option (right to buy) Options Exercise $0 -222K -100% $0.00* 0 Jul 31, 2024 Class A Common Stock 222K $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.