4//SEC Filing
Sivaram Srinivasan 4
Accession 0001562180-25-002057
CIK 0001811414other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:47 PM ET
Size
10.0 KB
Accession
0001562180-25-002057
Insider Transaction Report
Form 4
Sivaram Srinivasan
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Award
Class A Common Stock
2025-02-28+228,564→ 3,087,883 total - Tax Payment
Class A Common Stock
2025-03-04$4.10/sh−18,135$74,406→ 2,961,027 total - Tax Payment
Class A Common Stock
2025-03-03$4.53/sh−108,721$492,147→ 2,979,162 total
Footnotes (5)
- [F1]The Issuer granted restricted stock units ("RSUs") to all eligible employees, including the Reporting Person, as a final bonus payout under the Issuer's 2024 Annual Bonus Plan. 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 award grant date.
- [F2]Represents a sale to cover tax obligations on the RSUs.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.25 to $4.76, 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.06 to $4.1907, 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.
- [F5]Includes 2,362,831 shares represented by RSUs and performance restricted stock units ("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 0001587067
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:47 PM ET
- Size
- 10.0 KB