Form 4 for QUBT Quantum Computing Inc.
Accepted 2025-06-11 00:00:00 ET · period of report 2025-06-03 · accession 0001213900-25-053554 · 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 | 2025-06-11 | 2025-06-09 | QUBT | TURMELLE MICHAEL C | Dir | S - Sale+OE | $14.18 | -201.0K | 0 | -100% | -$2.85M |
| DM | 2025-06-11 | 2025-06-03 | QUBT | TURMELLE MICHAEL C | Dir | M - OptEx | $2.38 | +201.0K | 80.2K | New | +$478.7K |
| DM | 2025-06-11 | 2025-06-03 | QUBT | TURMELLE MICHAEL C | Dir | D - Sale to Iss | $0.00 | -201.0K | 0 | -100% | $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 | 2025-06-09 | S | D | 200,986 | $14.18 | 0 | D | — | — | (F2) The total number of shares of Common Stock beneficially owned directly by the Reporting Person does not include 400,000 shares of Common Stock issuable upon exercise of vested options to purchase shares of common stock. |
| 2 | Common | Common Stock | 2025-06-03 | M | A | 120,740 | $2.37 | 120,740 | D | — | — | (F2) The total number of shares of Common Stock beneficially owned directly by the Reporting Person does not include 400,000 shares of Common Stock issuable upon exercise of vested options to purchase shares of common stock. |
| 3 | Common | Common Stock | 2025-06-03 | M | A | 80,246 | $2.40 | 80,246 | D | — | — | (F1) These shares were acquired by the Reporting Person on June 3, 2025 by exercising (i) the stock options to purchase 100,000 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), granted on January 24, 2022 and (ii) stock options to purchase 150,000 shares of Common Stock granted on October 17, 2022, all of which were vested, using a "net exercise" method at a cashless exercise price of $12.15 per share, resulting in the issuance of 200,986 shares of Common Stock. (F2) The total number of shares of Common Stock beneficially owned directly by the Reporting Person does not include 400,000 shares of Common Stock issuable upon exercise of vested options to purchase shares of common stock. |
| 4 | Derivative | Options to Purchase Shares of Common Stock | 2025-06-03 | D | D | 120,740 | $0.00 | 0 | D | $2.37 · — to 2027-10-17 | 120,740 Common Stock | (F1) These shares were acquired by the Reporting Person on June 3, 2025 by exercising (i) the stock options to purchase 100,000 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), granted on January 24, 2022 and (ii) stock options to purchase 150,000 shares of Common Stock granted on October 17, 2022, all of which were vested, using a "net exercise" method at a cashless exercise price of $12.15 per share, resulting in the issuance of 200,986 shares of Common Stock. |
| 5 | Derivative | Options to Purchase Shares of Common Stock | 2025-06-03 | D | D | 80,246 | $0.00 | 0 | D | $2.40 · — to 2027-01-24 | 80,246 Common Stock | (F1) These shares were acquired by the Reporting Person on June 3, 2025 by exercising (i) the stock options to purchase 100,000 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), granted on January 24, 2022 and (ii) stock options to purchase 150,000 shares of Common Stock granted on October 17, 2022, all of which were vested, using a "net exercise" method at a cashless exercise price of $12.15 per share, resulting in the issuance of 200,986 shares of Common Stock. |