Form 4 for QUBT Quantum Computing Inc.
Accepted 2024-10-04 00:00:00 ET · period of report 2024-10-03 · accession 0001213900-24-085533 · 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 | 2024-10-04 | 2024-10-03 | QUBT | Boehmler Christopher | CFO | A - Grant | — | +259.7K | 320.0K | +431% | — |
| D | 2024-10-04 | 2024-10-04 | QUBT | Boehmler Christopher | CFO | A - Grant | $0.00 | +125.0K | 525.0K | +31% | $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 | 2024-10-03 | A | A | 259,700 | — | 320,010 | D | — | — | (F1) Represents shares of Common Stock of the Issuer, issued to Mr. Boehmler in lieu of cash bonus for the fiscal year ended December 31, 2023, pursuant to the terms of his employment agreement. These shares shall vest annually in equal amounts as follows: one half vesting on December 31, 2024 and one half vesting on December 31, 2025, subject to Mr. Boehmler continuing to perform services for Quantum Computing Inc. (the "Company") in the capacity in which the grant was received on each applicable vesting date. |
| 2 | Derivative | Options to purchase Common Stock | 2024-10-04 | A | A | 125,000 | $0.00 | 525,000 | D | $0.46 · — to 2029-10-04 | 125,000 Common Stock | (F2) These options were issued to Mr. Boehmler on October 4, 2024, pursuant to the Company's 2022 Equity and Incentive Plan and according to the terms of the employment agreement by and between Mr. Boehmler and the Company. The options shall vest over three years from the anniversary date (July 1, 2024) of the Optionee's employment agreement (July 1, 2023) as follows: (i) 48,608 options vest immediately upon grant (October 4, 2024) and (ii) the remainder of the options shall vest in equal monthly installments starting November 1, 2024, of 2,315 options for thirty-two (32) months and 2,309 options in the thirty-third (33) month, subject to Mr. Boehmler continuing to perform services for the Company in the capacity in which the grant was received on each applicable vesting date. |