Jagdeep Singh - Apr 20, 2023 Form 4 Insider Report for QuantumScape Corp (QS)

Role
Chief Executive Officer, Director, Chairman, 10%+ Owner
Signature
/s/ Michael O. McCarthy III, as attorney in fact
Stock symbol
QS
Transactions as of
Apr 20, 2023
Transactions value $
$0
Form type
4
Date filed
4/21/2023, 09:00 PM
Previous filing
Mar 8, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QS Class A Common Stock Award $0 +1M +37.73% $0.00 3.65M Apr 20, 2023 Direct F1, F2
holding QS Class A Common Stock 971K Apr 20, 2023 By: The Singh Family TR DTD 10/3/96
holding QS Class A Common Stock 6.06M Apr 20, 2023 By: Trusts F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer granted RSUs to the Reporting Person. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. A portion of the RSUs vest each quarter and a portion of the RSUs vest upon achievement of certain performance milestones, subject to the Reporting Person's continued service as of each vesting date.
F2 Includes 2,508,154 shares represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer.
F3 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.