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Filing Details

Accession Number:: 0001209191-23-046656
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-08-18 19:44:41
Reporting Period:: 2023-08-16

Accepted Time:: 2023-08-18 19:44:41
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1811414	Quantumscape Corp	QS	Miscellaneous Electrical Machinery, Equipment & Supplies (3690)	850796578

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1834025	Kevin Hettrich	C/O Quantumscape Corporation 1730 Technology Drive San Jose CA 95110	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Disposition	2023-08-16	30,978	$7.02	672,630	No	4	F	Direct
Class A Common Stock	Disposition	2023-08-17	26,385	$6.87	646,245	No	4	F	Direct
Class A Common Stock	Acquisiton	2023-08-18	34,607	$1.33	680,852	No	4	M	Direct
Class A Common Stock	Disposition	2023-08-18	76,648	$6.84	604,204	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	F	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Option (right to buy)	Disposition	2023-08-18	34,607	$0.00	34,607	$1.33

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
365,670	2017-04-01	2027-03-15	No	4	M	Direct

Footnotes

Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs"). The shares of the Issuer's common stock held by the Reporting Person, including shares received upon vesting of the RSUs, are subject to a lock-up agreement with the underwriters for the public offering of Class A Common Stock by the Issuer for which the underwriting agreement was entered into on August 3, 2023.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.92 to $7.095, 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.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.78 to $7.01, 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.
The option exercise and subsequent sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2023.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.71 to $6.92, 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.
Includes 597,182 shares represented by RSUs. 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, subject to the Reporting Person's continued service as of each vesting date.