QuantumScape Corp — Director's Dealing 2023

Jan 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2023-01-23

Reporting Person: Singh Mohit (Chief Development Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-23	Class A Common Stock	M	8500	$1.3252	Acquired	286294	Direct
2023-01-23	Class A Common Stock	S	8500	$7.8003	Disposed	277794	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-23	Stock Option (right to buy)	$1.3252	M	8500	Disposed	2027-03-15	Class A Common Stock (8500)	Direct

Footnotes

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

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.76 to $7.87, 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 208,902 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.