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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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1. Title of Derivative Security | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options to Purchase Shares of Common Stock | $7.96 | 05/28/2025 | D | 5,600 | (1) (2) | 02/19/2030 | Common Stock | 1,810 | $ 0 | 0 | D |
These shares were acquired by the Reporting Person on May 22, 2025 by exercising the 2025 Stock Options (defined below), all of which were vested, using a "net exercise" method at a cashless exercise price of $11.764 per share, resulting in the issuance of 1,810 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"). | |
The option became exercisable as follows: Pursuant to the Quantum Computing Inc. Non-Qualified Stock Option Agreement (Employee) by and between the Reporting Person and the Issuer, dated February 19, 2025, the Reporting Person was granted non-qualified stock options to purchase up to 5,600 shares (the "2025 Stock Options"), of Common Stock, at an exercise price of $7.96 per share. The 2025 Stock Options vested immediately and were exercisable until February 19, 2030. | |
The price reported in Column 4 is a weighted average price of $12.79 per share. |
Signatures | ||
/s/ Pouya Dianat | 06/05/2025 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |