| 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 | 1.23M | Dec 15, 2021 | By Kensington Capital Partners, LLC | F2 | |||||
| holding | QS | Class A Common Stock | 250K | Dec 15, 2021 | By Kensington Capital Trust | F3 | |||||
| holding | QS | Class A Common Stock | 250K | Dec 15, 2021 | By Justin E. Mirro 2020 Qualified Annuity Trust | F4 | |||||
| holding | QS | Class A Common Stock | 4.01M | Dec 15, 2021 | By Kensington Capital Sponsor LLC | F5 |
| 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 | Held of record by Kensington Capital Partners, LLC, for which the Reporting Person is the managing member. |
| F3 | 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. |
| F4 | 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. |
| F5 | 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. |