AI assistant
QuantumScape Corp — Director's Dealing 2024
May 21, 2024
30821_dirs_2024-05-20_3f1c881b-bd05-485f-a194-e20ac1ef9224.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2024-05-16
Reporting Person: Hettrich Kevin (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-16 | Class A Common Stock | F | 10016 | $5.8232 | Disposed | 1168496 | Direct |
| 2024-05-17 | Class A Common Stock | F | 11434 | $5.643 | Disposed | 1157062 | Direct |
| 2024-05-20 | Class A Common Stock | M | 34607 | $1.3252 | Acquired | 1191669 | Direct |
| 2024-05-20 | Class A Common Stock | S | 45848 | $5.6108 | Disposed | 1145821 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-20 | Stock Option (right to buy) | $1.3252 | M | 34607 | Disposed | 2027-03-15 | Class A Common Stock (34607) | Direct |
Footnotes
F1: Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.78 to $6.01, 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: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.55 to $5.79, 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 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.
F5: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.505 to $5.685, 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 1,111,102 shares represented by RSUs and 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.