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

Signature
/s/ Robert Liscouski
Stock symbol
QUBT
Transactions as of
Jan 24, 2022
Transactions value $
$0
Form type
4
Date filed
1/26/2022, 08:48 PM
Previous filing
May 19, 2021
Next filing
Oct 19, 2022

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 +250K $0.00 250K Jan 24, 2022 Common Stock 250K $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.