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

Role
Director
Signature
/s/ Michael Turmelle
Stock symbol
QUBT
Transactions as of
Jan 24, 2022
Transactions value $
$0
Form type
4
Date filed
1/26/2022, 08:49 PM
Previous filing
Jan 5, 2022
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 +100K $0.00 100K Jan 24, 2022 Common Stock 100K $2.40 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100,000 stock options (the "Options") were granted to Mr. Turmelle 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 director agreement by and between Mr. Turmelle and the Issuer. The Options shall vest and become exercisable on a quarterly basis.