Justin Mirro - Dec 7, 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Director
Signature
/s/ Michael O. McCarthy, attorney-in-fact
Stock symbol
QS
Transactions as of
Dec 7, 2021
Transactions value $
-$1,311,925
Form type
4
Date filed
12/8/2021, 06:12 PM
Previous filing
Nov 10, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Sale -$1.31M -50K -3.89% $26.24 1.23M Dec 7, 2021 By Kensington Capital Partners, LLC F1, F2, F3
holding QS Class A Common Stock 250K Dec 7, 2021 By Kensington Capital Trust F4
holding QS Class A Common Stock 250K Dec 7, 2021 By Justin E. Mirro 2020 Qualified Annuity Trust F5
holding QS Class A Common Stock 4.01M Dec 7, 2021 By Kensington Capital Sponsor LLC F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.72 to $26.60, 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 Held of record by Kensington Capital Partners, LLC, for which the Reporting Person is the managing member.
F4 Held of record by the Kensington Capital Trust under agreement dated June 27, 2020, for which the Reporting Person's spouse serves as a trustee. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F5 Held of record by the Justin E. Mirro 2020 Qualified Annuity Trust under agreement dated June 27, 2020, for which the Reporting Person serves as trustee. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F6 As a managing member of the managing member of Kensington Capital Sponsor LLC (the "Sponsor"), the Reporting Person may be deemed to share beneficial ownership of the shares of Class A Common Stock held directly by the Sponsor, and disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.