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

Role
Chief Quantum Tech. Officer, Director, 10%+ Owner
Signature
/s/ Yuping Huang
Stock symbol
QUBT
Transactions as of
Jun 16, 2022
Transactions value $
$0
Form type
3
Date filed
6/27/2022, 04:22 PM
Next filing
Oct 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QUBT Common Stock 4.7M Jun 16, 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 Jun 16, 2022 Common Stock 19.3M Direct F1, F2
holding QUBT Warrants Jun 16, 2022 Common Stock 5.69M $0.00 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.