QuantumScape Corp — Director's Dealing 2020

Dec 8, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2020-11-25

Reporting Person: MCCARTHY MICHAEL O III (Chief Legal Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	603262	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (820435)		Direct
Stock Option (right to buy)	$0.6439	2023-05-01	Class B Common Stock (124673)		Direct
Stock Option (right to buy)	$0.6439	2023-09-18	Class A Common Stock (603262)		Direct
Stock Option (right to buy)	$1.0542	2025-02-27	Class A Common Stock (333804)		Direct
Stock Option (right to buy)	$1.3128	2026-05-03	Class A Common Stock (100542)		Direct
Stock Option (right to buy)	$1.3252	2027-03-15	Class A Common Stock (667609)		Direct
Stock Option (right to buy)	$2.377	2029-06-05	Class A Common Stock (603261)		Direct

Footnotes

F1: Includes 603,262 shares represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 1/6th of the RSUs vest on February 15, 2021 and 1/12th vest quarterly thereafter, subject to the Reporting Person's continued service as of each vesting date.

F2: 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.

F3: 25% of the shares subject to the option vested and became exercisable on April 8, 2014, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.

F4: 25% of the shares subject to the option vested and became exercisable on September 18, 2014, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.

F5: 75% of the shares subject to the option vested and became exercisable on February 27, 2018, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.

F6: 75% of the shares subject to the option vested and became exercisable on February 18, 2019, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.

F7: Shares subject to the option vested and became exercisable on April 1, 2017, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.

F8: Shares subject to the option vested and became exercisable on June 9, 2019, and the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service at each vesting date.