Timothy Holme - 03 Jul 2025 Form 4 Insider Report for QuantumScape Corp (QS)

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s /Michael O McCarthy III, attorney-in-fact
Issuer symbol
QS
Transactions as of
03 Jul 2025
Net transactions value
-$3,333,226
Form type
4
Filing time
08 Jul 2025, 20:20:09 UTC
Previous filing
20 May 2025
Next filing
20 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Holme Timothy CHIEF TECHNOLOGY OFFICER C/O QUANTUMSCAPE CORPORATION, 1730 TECHNOLOGY DRIVE, SAN JOSE /s /Michael O McCarthy III, attorney-in-fact 08 Jul 2025 0001834249

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Conversion of derivative security +48,356 +2.7% 1,866,109 03 Jul 2025 Direct F1
transaction QS Class A Common Stock Conversion of derivative security +109,979 109,979 03 Jul 2025 By: The Holme 2020 Irrevocable Trust F1
transaction QS Class A Common Stock Options Exercise $261,924 +197,649 +11% $1.33 2,063,758 03 Jul 2025 Direct F2
transaction QS Class A Common Stock Sale $2,517,340 -358,330 -17% $7.03 1,705,428 03 Jul 2025 Direct F2, F3
transaction QS Class A Common Stock Sale $688,982 -98,073 -89% $7.03 11,906 03 Jul 2025 By: The Holme 2020 Irrevocable Trust F2, F3
transaction QS Class A Common Stock Sale $305,274 -43,500 -2.6% $7.02 1,661,928 07 Jul 2025 Direct F2, F4, F5
transaction QS Class A Common Stock Sale $83,554 -11,906 -100% $7.02 0 07 Jul 2025 By: The Holme 2020 Irrevocable Trust F2, 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 Class B Common Stock Conversion of derivative security $0 -48,356 -0.57% $0.000000 8,469,114 03 Jul 2025 Class A Common Stock 48,356 Direct F1
transaction QS Class B Common Stock Conversion of derivative security $0 -109,979 -6% $0.000000 1,708,554 03 Jul 2025 Class A Common Stock 109,979 By: The Holme 2020 Irrevocable Trust F1
transaction QS Stock Option (Right to Buy) Options Exercise $0 -197,649 -41% $0.000000 281,989 03 Jul 2025 Class A Common Stock 197,649 $1.33 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
F2 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 13, 2024.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.085, 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.005 to $7.035, 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 Includes 1,437,698 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.