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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Explanation
No 4 F Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
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
  1. 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.
  2. 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.
  3. 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.
  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.
  5. 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.
  6. 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.