AI assistant
QuantumScape Corp — Director's Dealing 2025
Mar 5, 2025
30821_dirs_2025-03-04_acf0a83e-1c55-47fc-8f22-f2e55482c153.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: 2025-02-28
Reporting Person: Hettrich Kevin (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | Class A Common Stock | A | 54321.00 | $0.00 | Acquired | 985121.00 | Direct |
| 2025-03-03 | Class A Common Stock | F | 25841.00 | $4.5267 | Disposed | 959280.00 | Direct |
| 2025-03-04 | Class A Common Stock | F | 4310.00 | $4.1029 | Disposed | 954970.00 | Direct |
Footnotes
F1: The Issuer granted restricted stock units ("RSUs") to all eligible employees, including the Reporting Person, as a final bonus payout under the Issuer's 2024 Annual Bonus Plan. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs vest on the award grant date.
F2: Represents a sale to cover tax obligations on the RSUs.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.25 to $4.76, 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.06 to $4.1907, 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.
F5: Includes 820,318 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.