David Charles Morris - 29 Apr 2021 Form 3 Insider Report for Quantum Computing Inc. (QUBT)

Role: Chief Revenue Officer
Signature: /s/ David Morris
Issuer symbol: QUBT
Transactions as of: 29 Apr 2021
Net transactions value: $0
Form type: 3
Filing time: 19 May 2021, 18:26:30 UTC
Next filing: 19 Oct 2022
SEC: View on sec.gov

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	Options to purchase shares of Common Stock							29 Apr 2021	Common Stock, par value $0.0001	200,000		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Pursuant to the terms of the employment agreement, by and between Mr. Morris and the Issuer, dated April 29, 2021 (the "Effective Date"), Mr. Morris was granted stock options to purchase up to 200,000 shares of the Company's common stock, par value $0.0001 per share, at an exercise price of $6.70 per share (the "Stock Options"). 50,000 of the Stock Options shall vest on the first anniversary of the Effective Date, 50,000 shall vest on the second anniversary of the Effective Date and 100,000 options shall vest on the third anniversary of the Effective Date.

Content

Pursuant to the terms of the employment agreement, by and between Mr. Morris and the Issuer, dated April 29, 2021 (the "Effective Date"), Mr. Morris was granted stock options to purchase up to 200,000 shares of the Company's common stock, par value $0.0001 per share, at an exercise price of $6.70 per share (the "Stock Options"). 50,000 of the Stock Options shall vest on the first anniversary of the Effective Date, 50,000 shall vest on the second anniversary of the Effective Date and 100,000 options shall vest on the third anniversary of the Effective Date.