David Morris - 17 Oct 2022 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Signature
/s/ David Morris
Issuer symbol
QUBT
Transactions as of
17 Oct 2022
Net transactions value
$0
Form type
4
Filing time
19 Oct 2022, 21:49:51 UTC
Previous filing
19 May 2021

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 +50,000 +25% $0.000000 250,000 17 Oct 2022 Common Stock 50,000 $2.37 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were issued to Mr. Roberts on October 17, 2022, pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan an employment agreement by and between the Issuer and Mr. Roberts. These options vest annually over a three (3) year period, commencing on March 1, 2022, subject to Mr. Morris' continuing services for the Issuer in the capacity in which the grant was received on each applicable vesting date.