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

Role
Director
Signature
/s/ Javad Shabani
Stock symbol
QUBT
Transactions as of
Apr 19, 2024
Transactions value $
$0
Form type
3
Date filed
4/29/2024, 04:29 PM
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QUBT Common Stock 12.5K Apr 19, 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 Apr 19, 2024 Common Stock 12.5K $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.