Michael Turmelle - Jan 26, 2023 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Role: Director
Signature: /s/ Michael Turmelle
Stock symbol: QUBT
Transactions as of: Jan 26, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/30/2023, 09:41 AM
Previous filing: Jan 5, 2023
Next filing: Jan 4, 2024

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 26, 2023	Common Stock	100K	$1.84	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. Turmelle on January 26, 2023, pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan and according to the terms of the employment agreement by and between Mr. Turmelle and the Issuer. These options vest in equal quarterly increments of 25,000 shares starting on March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023, subject to Mr. Turmelle's continuing services for the Issuer in the capacity in which the grant was received on each applicable vesting date.

Content

These options were issued to Mr. Turmelle on January 26, 2023, pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan and according to the terms of the employment agreement by and between Mr. Turmelle and the Issuer. These options vest in equal quarterly increments of 25,000 shares starting on March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023, subject to Mr. Turmelle's continuing services for the Issuer in the capacity in which the grant was received on each applicable vesting date.