QuantumScape Corp — Director's Dealing 2024

Feb 28, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QuantumScape Corp (QS)
CIK: 0001811414
Period of Report: 2024-02-23

Reporting Person: Singh Jagdeep (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-23	Class A Common Stock	F	21402	$6.0822	Disposed	3011578	Direct
2024-02-26	Class A Common Stock	F	19890	$6.1601	Disposed	2991688	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	972978	Indirect
Class A Common Stock	6062408	Indirect

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 $6.02 to $6.31, 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 $6.02 to $6.23, 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 1,302,718 shares represented by 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.

F5: 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.