Mohit Singh - 05 Aug 2024 Form 4 Insider Report for QuantumScape Corp (QS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Aug 2024, 20:25:11 UTC
Prior SEC filing
12 Jul 2024
Next SEC filing
20 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael O. McCarthy, III, attorney-in-fact

Key filing fact

Mohit Singh filed Form 4 for QuantumScape Corp (QS) on 07 Aug 2024.

Key facts

  • This page summarizes Mohit Singh's Form 4 filing for QuantumScape Corp (QS).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Aug 2024, 20:25.

Change

  • Previous filing in this sequence was filed on 12 Jul 2024.
  • Current net transaction value: -$19,309.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QS transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+5,745
Change %
+0.48%
Price
$0.000000
Shares after
1,202,650
Date
05 Aug 2024
Ownership
Direct
Footnotes
F1
QS transaction

Class A Common Stock

Tax liability

Transaction value
$19,309
Shares
-3,203
Change %
-0.27%
Price
$6.03
Shares after
1,199,447
Date
06 Aug 2024
Ownership
Direct
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The Issuer granted restricted stock units ("RSUs") to all eligible employees, including the Reporting Person, as an interim bonus payout granted under the Issuer's 2024 Annual Bonus Plan. 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 award grant date.

Footnote F2

Represents a sale to cover tax obligations on the release of RSUs.

Footnote F3

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.94 to $6.15, 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.

Footnote F4

Includes 1,066,897 shares represented by 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.

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