Yuping Huang - 16 Jun 2022 Form 3 Insider Report for Quantum Computing Inc. (QUBT)

Role: Chief Quantum Tech. Officer, Director, 10%+ Owner
Signature: /s/ Yuping Huang
Issuer symbol: QUBT
Transactions as of: 16 Jun 2022
Net transactions value: $0
Form type: 3
Filing time: 27 Jun 2022, 16:22:33 UTC
Next filing: 18 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	QUBT	Common Stock						4,699,786	16 Jun 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	QUBT	Series B Preferred Stock							16 Jun 2022	Common Stock	19,253,920		Direct	F1, F2
holding	QUBT	Warrants							16 Jun 2022	Common Stock	5,692,952	$0.000100	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Series B Preferred Stock and the Warrants are not convertible into shares of Common Stock until the Issuer's stockholders have approved the issuance of the shares of Common Stock underlying the Series B Preferred Stock and the Warrants in accordance with Rule 5635 of the Nasdaq listing rules.
F2	Each share of Series B Preferred Stock is convertible into 10 shares of Common Stock.