Key facts
- This page summarizes William J. McGann's Form 4 filing for Quantum Computing Inc. (QUBT).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 04 Apr 2025, 17:38.
William J. McGann - 02 Apr 2025 Form 4 Insider Report for Quantum Computing Inc. (QUBT)
- SEC form
- 4
- Accepted by SEC
- 04 Apr 2025, 17:38:43 UTC
- Prior SEC filing
- 21 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ William McGann
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
William J. McGann filed Form 4 for Quantum Computing Inc. (QUBT) on 04 Apr 2025.
Change
- Previous filing in this sequence was filed on 21 Feb 2025.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
QUBT
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,080,069
- Change %
- +639%
- Price
- $0.000000
- Shares after
- 1,249,169
- Date
- 02 Apr 2025
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
QUBT
transaction
Derivative
Options to Purchase Shares of Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- +535,000
- Change %
- Price
- $0.000000
- Shares after
- 0
- Date
- 02 Apr 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 375,139
- Exercise price
- $2.40
- Footnotes
- F1, F3
QUBT
transaction
Derivative
Options to Purchase Shares of Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- +1,000,000
- Change %
- Price
- $0.000000
- Shares after
- 0
- Date
- 02 Apr 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 704,930
- Exercise price
- $2.37
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Options to purchase 535,000 shares of common stock (the "January 2022 Options") at an exercise price of $2.40 per share were issued to Mr. McGann on January 24, 2022 pursuant to an employment agreement and subject the Quantum Computing Inc. 2019 Equity and Incentive Plan. These options vested and became exercisable as follows: (i) 178,333 shares vested upon grant (January 24, 2022), (ii) 178,333 shares on January 24, 2023, and (iii) 178,334 shares on January 24, 2024.
Footnote F2
Options to purchase 1,000,000 shares of common stock (the "October 2022 Options") at an exercise price of $2.37 per share were issued to Mr. McGann on October 17, 2022 as a success bonus for the completion of the Issuer's merger with QPhoton, Inc., and pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan. These options vested and became exercisable as follows: (i) 500,000 shares on June 16, 2022, (ii) 250,000 shares on September 30, 2022, and (iii) 250,000 shares on December 31, 2022.
Footnote F3
These shares were acquired by Mr. McGann on April 2, 2025 by exercising the January 2022 Options and the October 2022 Options, all of which were vested, using a "net exercise" method at a cashless exercise price of $8.032 per share, resulting in the issuance of 375,139 and 704,930 shares, respectively, for a total of 1,080,069 shares of common stock.