QuantumScape Corp — Director's Dealing 2021

Nov 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2021-11-16

Reporting Person: Singh Jagdeep (Director, Chief Executive Officer, 10% Owner, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-16	Class A Common Stock	F	23316	$35.557	Disposed	3473056	Direct
2021-11-16	Class A Common Stock	F	116869	$36.6792	Disposed	3356187	Direct
2021-11-16	Class A Common Stock	F	7787	$37.0831	Disposed	3348400	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	969289	Indirect

Footnotes

F1: Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.97, 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: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.01 to $37.00, 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 $37.01 to $37.30, 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 2,764,950 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. A portion of the RSUs vest each quarter, subject to the Reporting Person's continued service as of each vesting date.

F6: The reporting person was removed as the trustee of the Marie Helene Prinz 2019 Trust dated June 17, 2019 and the Benedikt Prinz 2019 Trust dated June 17, 2019 (together the "Prinz Trusts") in September 2021. As a result, the reporting person no longer lists the shares held by the Prinz Trusts as indirectly owned.