Javad Shabani - 19 Apr 2024 Form 3 Insider Report for Quantum Computing Inc. (QUBT)

Role: Director
Signature: /s/ Javad Shabani
Issuer symbol: QUBT
Transactions as of: 19 Apr 2024
Net transactions value: $0
Form type: 3
Filing time: 29 Apr 2024, 16:29:12 UTC
Next filing: 14 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	QUBT	Common Stock						12,500	19 Apr 2024	Direct	F1

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
holding	QUBT	Options							19 Apr 2024	Common Stock	12,500	$1.19	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The common stock beneficially owned by Dr. Shabani includes 12,500 stock grants (the "Stock Grants") issued to Dr. Shabani pursuant to the Quantum Computing Inc. Technical Advisory Board Member Agreement by and between Dr. Shabani and the Issuer (the "Agreement"). Pursuant to the Notice of Termination of the Agreement (the "Termination Notice"), the Stock Grants were vested as of March 31, 2024.
F2	The stock options (the "Options") were granted to Dr. Shabani on December 18, 2023, pursuant to the Agreement. Pursuant to the Termination Notice, the Options were vested and exercisable as of March 31, 2024. The Options expire December 18, 2028.