Dennis Segers - Oct 17, 2024 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Director
Signature
/s /Michael O. McCarthy III, attorney-in-fact
Stock symbol
QS
Transactions as of
Oct 17, 2024
Transactions value $
$0
Form type
4
Date filed
10/21/2024, 08:03 PM
Previous filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Award $0 +56.5K $0.00 56.5K Oct 17, 2024 Direct F1
transaction QS Class A Common Stock Award $0 +20.6K +36.46% $0.00 77.1K Oct 17, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 17, 2024, the Issuer granted restricted stock units ("RSUs") to the Reporting Person as an initial 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. The RSUs vest quarterly over three years, subject to the Reporting Person's continued service as each vesting date.
F2 On October 17, 2024, the Issuer granted RSUs to the Reporting Person as a pro-rated 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 shall vest on the earlier of the one-year anniversary of the grant date or the day before the next annual meeting of stockholders, subject to the Reporting Person's continued service as of the vesting date.