4//SEC Filing
Hettrich Kevin 4
Accession 0001562180-25-001507
CIK 0001811414other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 7:51 PM ET
Size
14.1 KB
Accession
0001562180-25-001507
Insider Transaction Report
Form 4
Hettrich Kevin
CHIEF FINANCIAL OFFICER
Transactions
- Sale
Class A Common Stock
2025-02-21$5.23/sh−53,975$282,133→ 930,800 total - Tax Payment
Class A Common Stock
2025-02-19$5.27/sh−61,911$326,178→ 962,414 total - Tax Payment
Class A Common Stock
2025-02-20$5.12/sh−12,246$62,718→ 950,168 total - Exercise/Conversion
Class A Common Stock
2025-02-21$2.38/sh+34,607$82,261→ 984,775 total - Exercise/Conversion
Stock Option (Right to Buy)
2025-02-21−34,607→ 194,532 totalExercise: $2.38From: 2019-07-05Exp: 2029-06-05→ Class A Common Stock (34,607 underlying)
Footnotes (6)
- [F1]Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs") and performance restricted stock units ("PSUs").
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.20 to $5.45, 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.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.0531 to $5.21, 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.
- [F4]The exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2024.
- [F5]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.095 to $5.385, 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.
- [F6]Includes 820,318 shares represented by RSUs and PSUs. Each RSU/PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.
Documents
Issuer
QuantumScape Corp
CIK 0001811414
Entity typeother
Related Parties
1- filerCIK 0001834025
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 7:51 PM ET
- Size
- 14.1 KB