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

Role
Director
Signature
/s/ Michael Turmelle
Issuer symbol
QUBT
Transactions as of
24 Jan 2022
Net transactions value
$0
Form type
4
Filing time
26 Jan 2022, 20:49:20 UTC
Previous filing
05 Jan 2022
Next filing
19 Oct 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 +100,000 $0.000000 100,000 24 Jan 2022 Common Stock 100,000 $2.40 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.