Form 4 for QUBT Quantum Computing Inc.
Accepted 2022-10-18 00:00:00 ET · period of report 2022-10-14 · accession 0001019056-22-000625 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-10-18 | 2022-10-17 | QUBT | Huang Yuping | Chief Quantum Off, Dir, 10% | A - Grant | — | +19.25M | 23.95M | +410% | — |
| D | 2022-10-18 | 2022-10-14 | QUBT | Huang Yuping | Chief Quantum Off, Dir, 10% | M - OptEx | $0.00 | +400.0K | 400.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-10-17 | A | A | 19,253,920 | — | 23,953,706 | D | — | — | (F1) Acquired as a result of the conversion of 1,925,392 shares of Series B Preferred Stock on October 17, 2022. |
| 2 | Derivative | Options to Purchase Shares of Common Stock | 2022-10-14 | M | A | 400,000 | $0.00 | 400,000 | D | $2.37 · — to — | 400,000 Common Stock | (F2) The stock options (the "Options") were issued to Dr. Huang on October 14, 2022 (the "Date of Grant"), pursuant to the 2019 Quantum Computing Inc. Equity and Incentive Plan and according to the terms of the employment agreement by and between Dr. Huang and the Issuer. The Options shall vest and become exercisable as follows: (i) 100,000 Options vested on the Date of Grant, (ii) 100,000 Options shall vest on the 12-month anniversary of the Date of Grant, (iii), 100,000 Options shall vest on the 24-month anniversary of the Date of Grant, and (iv) 100,000 Options shall vest on the 36-month anniversary of the Date of Grant. |