Jungsang Kim - 11 Dec 2023 Form 4 Insider Report for IonQ, Inc. (IONQ)

Signature
/s/ Kevin Caimi, Attorney-in-Fact
Issuer symbol
IONQ
Transactions as of
11 Dec 2023
Transactions value $
-$324,337
Form type
4
Filing time
13 Dec 2023, 19:00:12 UTC
Previous filing
17 Aug 2023
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IONQ Common Stock Sale -$324K -24.5K -0.37% $13.21 6.62M 11 Dec 2023 Direct F1, F2
holding IONQ Common Stock 5K 11 Dec 2023 By Spouse
holding IONQ Common Stock 27.8K 11 Dec 2023 By Child
holding IONQ Common Stock 810K 11 Dec 2023 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.9624 to $13.22 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The securities are held by the Jungsang Kim Irrevocable Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.