Michael C. Turmelle - 03 Jun 2025 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Role: Director
Signature: /s/ Michael Turmelle
Issuer symbol: QUBT
Transactions as of: 03 Jun 2025
Net transactions value: -$2,371,237
Form type: 4
Filing time: 11 Jun 2025, 19:47:06 UTC
Previous filing: 21 Feb 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
TURMELLE MICHAEL C	Director	5 MARINE VIEW PLZ, #214, HOBOKEN	/s/ Michael Turmelle	11 Jun 2025	0001206290

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUBT	Common Stock	Options Exercise	$192,590	+80,246		$2.40	80,246	03 Jun 2025	Direct	F1, F2
transaction	QUBT	Common Stock	Options Exercise	$286,154	+120,740		$2.37	120,740	03 Jun 2025	Direct	F2
transaction	QUBT	Common Stock	Sale	$2,849,981	-200,986	-100%	$14.18	0	09 Jun 2025	Direct	F2

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 Shares of Common Stock	Disposed to Issuer	$0	-80,246	-100%	$0.000000	0	03 Jun 2025	Common Stock	80,246	$2.40	Direct	F1
transaction	QUBT	Options to Purchase Shares of Common Stock	Disposed to Issuer	$0	-120,740	-100%	$0.000000	0	03 Jun 2025	Common Stock	120,740	$2.37	Direct	F1

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

Explanation of Responses:

Id	Content
F1	These shares were acquired by the Reporting Person on June 3, 2025 by exercising (i) the stock options to purchase 100,000 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), granted on January 24, 2022 and (ii) stock options to purchase 150,000 shares of Common Stock granted on October 17, 2022, all of which were vested, using a "net exercise" method at a cashless exercise price of $12.15 per share, resulting in the issuance of 200,986 shares of Common Stock.
F2	The total number of shares of Common Stock beneficially owned directly by the Reporting Person does not include 400,000 shares of Common Stock issuable upon exercise of vested options to purchase shares of common stock.

Content

These shares were acquired by the Reporting Person on June 3, 2025 by exercising (i) the stock options to purchase 100,000 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), granted on January 24, 2022 and (ii) stock options to purchase 150,000 shares of Common Stock granted on October 17, 2022, all of which were vested, using a "net exercise" method at a cashless exercise price of $12.15 per share, resulting in the issuance of 200,986 shares of Common Stock.

The total number of shares of Common Stock beneficially owned directly by the Reporting Person does not include 400,000 shares of Common Stock issuable upon exercise of vested options to purchase shares of common stock.