Christopher Bruce Roberts - 17 Oct 2022 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Signature
/s/ Christopher Roberts
Issuer symbol
QUBT
Transactions as of
17 Oct 2022
Transactions value $
$0
Form type
4
Filing time
19 Oct 2022, 21:50:42 UTC
Previous filing
19 May 2021
Next filing
05 Apr 2023

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 +500,000 +1.12% $0 945,000 17 Oct 2022 Common Stock 500,000 $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 options were issued to Mr. Roberts 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 vest as follows: (i) 200,000 shares on June 16, 2022, (ii) 150,000 shares on September 30, 2022, and (iii) 150,000 shares on December 31, 2022.