QuantumScape Corp — Director's Dealing 2021

Jun 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2021-06-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-04	Class A Common Stock	C	31286	—	Acquired	904168	Direct
2021-06-04	Class A Common Stock	M	68714	$0.6439	Acquired	972882	Direct
2021-06-04	Class A Common Stock	S	50000	$28.7526	Disposed	922882	Direct
2021-06-04	Class A Common Stock	S	50000	$28.2151	Disposed	872882	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-04	Stock Option (right to buy)	$0.6439	M	31286	Disposed	2023-05-01	Class B Common Stock (31286)	Direct
2021-06-04	Class B Common Stock	$0.6439	M	31286	Acquired		Class A Common Stock (31286)	Direct
2021-06-04	Class B Common Stock	$	C	31286	Disposed		Class A Common Stock (31286)	Direct
2021-06-04	Stock Option (right to buy)	$0.6439	M	68714	Disposed	2023-09-18	Class A Common Stock (68714)	Direct

Footnotes

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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $29.02, 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.42, 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: Includes 452,447 shares represented by 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.