Brad Buss - Dec 15, 2021 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Director
Signature
/s/ Michael O. McCarthy, III, attorney-in-fact
Stock symbol
QS
Transactions as of
Dec 15, 2021
Transactions value $
$0
Form type
4
Date filed
12/17/2021, 06:00 PM
Previous filing
Sep 17, 2021
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Award $0 +5.29K $0.00 5.29K Dec 15, 2021 Direct F1
holding QS Class A Common Stock 244K Dec 15, 2021 By 2011 Buss Family Trust
holding QS Class A Common Stock 70K Dec 15, 2021 By: Buss Family Heritage Trust dated December 24, 2020, Bradley Buss and Deborah Buss as Trustees F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 15, the Issuer granted an RSU to the Reporting Person as an annual award automatically granted under the Issuer's Outside Director Compensation Policy. 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 first quarterly vesting date following the one-year anniversary of the grant date, subject to the Reporting Person's continued service as of the vesting date.
F2 On October 8, 2021, the Reporting Person transferred 70,000 shares from one family trust to another family trust.