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

Role: Chief Financial Officer
Signature: /s/ Christopher Boehmler
Issuer symbol: QUBT
Transactions as of: 27 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 29 Dec 2023, 16:00:35 UTC
Previous filing: 07 Jul 2023
Next filing: 04 Oct 2024
SEC: View on sec.gov

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	+300,000		$0.000000	300,000	27 Dec 2023	Common Stock	300,000	$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.