Christopher Boehmler - Dec 27, 2023 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Role: Chief Financial Officer
Signature: /s/ Christopher Boehmler
Stock symbol: QUBT
Transactions as of: Dec 27, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/29/2023, 04:00 PM
Previous filing: Jul 7, 2023
Next filing: Oct 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	+300K		$0.00	300K	Dec 27, 2023	Common Stock	300K	$1.18	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. Boehmler on December 27, 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. Boehmler and the Issuer. These options vest annually over a three year period, with (i) 100,000 of the options vested on the date of the grant, December 27, 2023, (ii) 100,000 options vesting on July 1, 2024, and (iii) 100,000 options vesting on July 1, 2025, subject to Mr. Boehmler's continuing services for the Company in the capacity in which the grant was received on each applicable vesting date.

Content

These options were issued to Mr. Boehmler on December 27, 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. Boehmler and the Issuer. These options vest annually over a three year period, with (i) 100,000 of the options vested on the date of the grant, December 27, 2023, (ii) 100,000 options vesting on July 1, 2024, and (iii) 100,000 options vesting on July 1, 2025, subject to Mr. Boehmler's continuing services for the Company in the capacity in which the grant was received on each applicable vesting date.