QuantumScape Corp — Director's Dealing 2023

Oct 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2023-10-09

Reporting Person: Sivaram Srinivasan (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-09	Class A Common Stock	A	333333	$0.00	Acquired	333333	Direct
2023-10-09	Class A Common Stock	A	333333	$0.00	Acquired	666666	Direct
2023-10-09	Class A Common Stock	A	296296	$0.00	Acquired	962962	Direct

Footnotes

F1: The Issuer granted restricted stock units ("RSUs") to the Reporting Person as a new-hire grant. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. Twenty-five percent (25%) of the RSUs will vest on August 15, 2024, and six and one-quarter percent (6.25%) will vest quarterly thereafter, subject to the Reporting Person's continued service as of each vesting date.

F2: The Issuer granted RSUs to the Reporting Person as a new-hire grant. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest upon achievement of certain performance milestones, subject to the Reporting Person's continued service as of each vesting date.

F3: The Issuer granted RSUs to the Reporting Person as a one-time signing bonus grant. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest quarterly in equal installments over two years starting on November 15, 2023, subject to the Reporting Person's continued service as of each vesting date.