Christopher Roberts - Oct 17, 2022 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Role
CFO, Director
Signature
/s/ Christopher Roberts
Stock symbol
QUBT
Transactions as of
Oct 17, 2022
Transactions value $
$0
Form type
4
Date filed
10/19/2022, 09:50 PM
Previous filing
May 19, 2021
Next filing
Apr 5, 2023

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 +500K +112.36% $0.00 945K Oct 17, 2022 Common Stock 500K $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 as a success bonus for the completion of the Issuer's merger with QPhoton, Inc., and pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan. These options vest as follows: (i) 200,000 shares on June 16, 2022, (ii) 150,000 shares on September 30, 2022, and (iii) 150,000 shares on December 31, 2022.