QuantumScape Corp — Director's Dealing 2022

Mar 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2022-03-09

Reporting Person: Hettrich Kevin (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-09	Class A Common Stock	M	7243	$1.3128	Acquired	586973	Direct
2022-03-09	Class A Common Stock	M	1386	$1.3128	Acquired	588359	Direct
2022-03-09	Class A Common Stock	S	46285	$15.8088	Disposed	542074	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-09	Stock Option (right to buy)	$1.3128	M	7243	Disposed	2026-05-03	Class A Common Stock (7243)	Direct
2022-03-09	Stock Option (right to buy)	$1.3128	M	1386	Disposed	2026-05-03	Class A Common Stock (1386)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2021.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.185 to $16.155, 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: Includes 541,493 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.