QuantumScape Corp — Director's Dealing 2024

Jun 26, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2024-06-24

Reporting Person: Hettrich Kevin (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-24	Class A Common Stock	M	3300	$1.3252	Acquired	1151621	Direct
2024-06-24	Class A Common Stock	S	3300	$5.0052	Disposed	1148521	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-06-24	Stock Option (right to buy)	$1.3252	M	3300	Disposed	2027-03-15	Class A Common Stock (3300)	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 on March 14, 2023.

F2: Includes 2,500 shares acquired under the Issuer's Employee Stock Purchase Plan on June 3, 2024.

F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.03, 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: Includes 1,111,102 shares represented by restricted stock units ("RSUs") and performance stock units ("PSUs"). Each RSU and 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.