Jungsang Kim - May 25, 2023 Form 4 Insider Report for IonQ, Inc. (IONQ)

Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
IONQ
Transactions as of
May 25, 2023
Transactions value $
-$46,467
Form type
4
Date filed
6/5/2023, 05:10 PM
Previous filing
May 26, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IONQ Common Stock Sale -$46.5K -4.42K -0.07% $10.52 6.58M May 25, 2023 Direct F1
holding IONQ Common Stock 5K May 25, 2023 By spouse
holding IONQ Common Stock 810K May 25, 2023 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
F2 The securities are held by the Jungsang Kim Irrevocable Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.