MICHAEL O. MCCARTHY III - 19 Feb 2025 Form 4 Insider Report for QuantumScape Corp (QS)

Signature
/s/ Michael O. McCarthy, III
Issuer symbol
QS
Transactions as of
19 Feb 2025
Transactions value $
-$624,066
Form type
4
Filing time
21 Feb 2025, 19:53:41 UTC
Previous filing
22 Nov 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Tax liability -$187K -35.6K -3.15% $5.27 1.09M 19 Feb 2025 Direct F1, F2, F3
transaction QS Class A Common Stock Tax liability -$37.5K -7.33K -0.67% $5.12 1.09M 20 Feb 2025 Direct F1, F4
transaction QS Class A Common Stock Sale -$399K -76.3K -7.02% $5.23 1.01M 21 Feb 2025 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs") and performance restricted stock units ("PSUs").
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.20 to $5.45, 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 Includes 553 shares acquired under the Issuer's Employee Stock Purchase Plan on December 2, 2024.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.0531 to $5.21, 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.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.0957 to $5.3499, 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 749,716 shares represented by RSUs and 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.