Singh Jagdeep - 09 Dec 2024 Form 4 Insider Report for QuantumScape Corp (QS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
10 Dec 2024, 19:59:35 UTC
Prior SEC filing
20 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s /Michael O McCarthy III, attorney-in-fact

Key filing fact

Singh Jagdeep filed Form 4 for QuantumScape Corp (QS) on 10 Dec 2024.

Key facts

  • This page summarizes Singh Jagdeep's Form 4 filing for QuantumScape Corp (QS).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 10 Dec 2024, 19:59.

Change

  • Previous filing in this sequence was filed on 20 Nov 2024.
  • Current net transaction value: -$1,719,559.

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

Options Exercise

Transaction value
$404,470
Shares
+308,097
Change %
+12%
Price
$1.31
Shares after
2,871,864
Date
09 Dec 2024
Ownership
Direct
Footnotes
F1, F2
QS transaction

Class A Common Stock

Sale

Transaction value
$1,633,808
Shares
-308,097
Change %
-11%
Price
$5.30
Shares after
2,563,767
Date
09 Dec 2024
Ownership
Direct
Footnotes
F1, F2, F3, F4
QS transaction

Class A Common Stock

Sale

Transaction value
$490,221
Shares
-92,444
Change %
-1.6%
Price
$5.30
Shares after
5,600,858
Date
09 Dec 2024
Ownership
By: Trusts
Footnotes
F1, F3, F5
QS holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
972,978
Date
09 Dec 2024
Ownership
By: The Singh Family Trust UDT dated October 3, 1996

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

QS transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-308,097
Change %
-24%
Price
$0.000000
Shares after
961,350
Date
09 Dec 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
308,097
Exercise price
$1.31
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

Exercise and sale of stock options expiring in the next two years.

Footnote F3

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.03 to $5.515, 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 550,000 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.

Footnote F5

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.

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