QuantumScape Corp — Director's Dealing 2022

May 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2022-05-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-05-17	Class A Common Stock	F	25818	$11.836	Disposed	516925	Direct
2022-05-18	Class A Common Stock	S	20000	$11.9396	Disposed	496925	Direct

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 $11.48 to $12.12, 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 sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in December 2021.

F4: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.84 to $12.11, 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 390,677 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.