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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 | (1) (2) | 08/18/2025 | D | 40,000 | 12/31/2024 | 05/10/2029 | Common Stock | 37,474 | $ 0 | 10,219 | D | ||||
These shares were acquired by the Reporting Person on August 18, 2025 by exercising the Stock Options (defined below) to purchase 40,000 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), all of which were vested, using a "net exercise" method at a cashless exercise price of $15.84 per share, resulting in the issuance of 37,474 shares of Common Stock. | |
The non-qualified stock options (the "Stock Options") were granted to the Reporting Person on May 10, 2024 pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan and according to the terms of the director agreement by and between the Reporting Person and the Issuer, at an exercise price of $1.00 and fully vested on December 31, 2024. |
| Signatures | ||
/s/ Javad Shabani | 09/08/2025 | |
| ** 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. | ||