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

Role: President, CEO, Director
Signature: /s/ Robert Liscouski
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: Sep 29, 2023
Next filing: Mar 25, 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	+150K		$0.00	150K	Dec 27, 2023	Common Stock	150K	$1.44	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. Liscouski 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. Liscouski and the Issuer. These options vest over a three year period, with (i) 69,446 of the options vested on the date of the grant, December 27, 2023, and (ii) the remainder of the options vesting in equal monthly installments of 2,778 shares for twenty eight (28) months starting the month after issuance and (iii) 2,770 shares in the last month, subject to Mr. Liscouski'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. Liscouski 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. Liscouski and the Issuer. These options vest over a three year period, with (i) 69,446 of the options vested on the date of the grant, December 27, 2023, and (ii) the remainder of the options vesting in equal monthly installments of 2,778 shares for twenty eight (28) months starting the month after issuance and (iii) 2,770 shares in the last month, subject to Mr. Liscouski's continuing services for the Company in the capacity in which the grant was received on each applicable vesting date.