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QuantumScape Corp — Director's Dealing 2024
Jul 9, 2024
30821_dirs_2024-07-09_e7d842db-fefd-478a-a79b-a338e29448c2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2024-07-05
Reporting Person: Singh Jagdeep (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-05 | Class A Common Stock | M | 79006 | $1.3128 | Acquired | 2888259 | Direct |
| 2024-07-05 | Class A Common Stock | S | 79006 | $5.0284 | Disposed | 2809253 | Direct |
| 2024-07-05 | Class A Common Stock | S | 23706 | $5.0284 | Disposed | 5923292 | Indirect |
| 2024-07-08 | Class A Common Stock | M | 113264 | $1.3128 | Acquired | 2922517 | Direct |
| 2024-07-08 | Class A Common Stock | S | 113264 | $5.0422 | Disposed | 2809253 | Direct |
| 2024-07-08 | Class A Common Stock | S | 33984 | $5.0422 | Disposed | 5889308 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-05 | Stock Option (right to buy) | $1.3128 | M | 79006 | Disposed | 2026-08-19 | Class A Common Stock (79006) | Direct |
| 2024-07-08 | Stock Option (right to buy) | $1.3128 | M | 113264 | Disposed | 2026-08-19 | Class A Common Stock (113264) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 972978 | Indirect |
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 on March 1, 2024.
F2: Exercise and sale of stock options expiring in the next two years.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.055, 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: The Reporting Person's family members are beneficiaries of the trusts. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F5: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.125, 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.
F6: Includes 1,001,359 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs"). Each RSU/PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.