Javad Shabani - May 10, 2024 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Role: Director
Signature: /s/ Javad Shabani
Stock symbol: QUBT
Transactions as of: May 10, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/14/2024, 04:00 PM
Previous filing: Apr 29, 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	+70.2K		$0.00	70.2K	May 10, 2024	Common Stock	70.2K	$1.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The options were issued to Mr. Shabani on May 10, 2024, pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan and according to the terms of the Non-Qualified Stock Option Agreement by and between Mr. Shabani and the Issuer. These options vest as follows: 20,219 options on June 30, 2024, 25,000 options on September 30, 2024 and 25,000 options on December 31, 2024, subject to Mr. Shabani's continuing services for the Issuer in the capacity in which the grant was received on each applicable vesting date.

Content

The options were issued to Mr. Shabani on May 10, 2024, pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan and according to the terms of the Non-Qualified Stock Option Agreement by and between Mr. Shabani and the Issuer. These options vest as follows: 20,219 options on June 30, 2024, 25,000 options on September 30, 2024 and 25,000 options on December 31, 2024, subject to Mr. Shabani's continuing services for the Issuer in the capacity in which the grant was received on each applicable vesting date.