| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QS | Class A Common Stock | Options Exercise | $93.1K | +70.9K | +2.74% | $1.31 | 2.66M | Nov 13, 2024 | Direct | F1, F2 |
| transaction | QS | Class A Common Stock | Sale | -$358K | -70.9K | -2.66% | $5.05 | 2.59M | Nov 13, 2024 | Direct | F1, F2, F3 |
| transaction | QS | Class A Common Stock | Sale | -$107K | -21.3K | -0.37% | $5.05 | 5.69M | Nov 13, 2024 | By: Trusts | F1, F3, F4 |
| transaction | QS | Class A Common Stock | Options Exercise | $7.26K | +5.53K | +0.21% | $1.31 | 2.6M | Nov 14, 2024 | Direct | F1, F2 |
| transaction | QS | Class A Common Stock | Sale | -$27.7K | -5.53K | -0.21% | $5.01 | 2.59M | Nov 14, 2024 | Direct | F1, F2, F5, F6 |
| transaction | QS | Class A Common Stock | Sale | -$8.31K | -1.66K | -0.03% | $5.01 | 5.69M | Nov 14, 2024 | By: Trusts | F1, F4, F5 |
| holding | QS | Class A Common Stock | 973K | Nov 13, 2024 | By: The Singh Family Trust UDT dated October 3, 1996 |
| 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 | -70.9K | -5.27% | $0.00 | 1.27M | Nov 13, 2024 | Class A Common Stock | 70.9K | $1.31 | Direct | F1, F2 |
| transaction | QS | Stock Option (Right to Buy) | Options Exercise | $0 | -5.53K | -0.43% | $0.00 | 1.27M | Nov 14, 2024 | Class A Common Stock | 5.53K | $1.31 | Direct | F1, F2 |
| Id | Content |
|---|---|
| F1 | The exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2024. |
| F2 | Exercise and sale of stock options expiring in the next two years. |
| F3 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.145, 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 | The Reporting Person's family members are beneficiaries of the trusts. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| F5 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.015, 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. |
| F6 | Includes 600,000 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. |