Robert Liscouski - 24 Jan 2022 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Role: President, CEO, Director
Signature: /s/ Robert Liscouski
Issuer symbol: QUBT
Transactions as of: 24 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 26 Jan 2022, 20:48:14 UTC
Previous filing: 19 May 2021
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
transaction	QUBT	Options to purchase Common Stock	Award	$0	+250,000		$0.000000	250,000	24 Jan 2022	Common Stock	250,000	$2.40	Direct	F1

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

Explanation of Responses:

Id	Content
F1	250,000 stock options (the "Options") were granted to Mr. Liscouski on January 24, 2022 (the "Date of Grant"), pursuant to the 2019 Quantum Computing Inc. Equity and Incentive Plan and according to the terms of the employment agreement by and between Mr. Liscouski and the Issuer. The Options shall vest and become exercisable as follows (i) 83,334 Options shall vest on the 12-month anniversary of the Date of Grant, (ii) 83,333 Options shall vest on the 24-month anniversary of the Date of Grant, and (iii), 83,333 Options shall vest on the 36-month anniversary of the Date of Grant.

Content

250,000 stock options (the "Options") were granted to Mr. Liscouski on January 24, 2022 (the "Date of Grant"), pursuant to the 2019 Quantum Computing Inc. Equity and Incentive Plan and according to the terms of the employment agreement by and between Mr. Liscouski and the Issuer. The Options shall vest and become exercisable as follows (i) 83,334 Options shall vest on the 12-month anniversary of the Date of Grant, (ii) 83,333 Options shall vest on the 24-month anniversary of the Date of Grant, and (iii), 83,333 Options shall vest on the 36-month anniversary of the Date of Grant.