FAGENSON ROBERT B 4
4 · Quantum Computing Inc. · Filed Oct 19, 2022
Insider Transaction Report
Form 4
FAGENSON ROBERT B
Director
Transactions
- Award
Options to purchase Common Stock
2022-10-17+100,000→ 200,000 totalExercise: $2.37Exp: 2027-10-17→ Common Stock (100,000 underlying) - Award
Options to purchase Common Stock
2022-10-17+250,000→ 450,000 totalExercise: $2.37Exp: 2027-10-17→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]These options were issued to Mr. Fagenson on October 17, 2022, pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan and according to the terms of the employment agreement by and between Mr. Fagenson and the Issuer. These options vest in equal quarterly increments of 25,000 shares starting on March 31, 2022, June 30, 2022, September 30, 2022 and December 31, 2022, subject to Mr. Fagenson's continuing services for the Issuer in the capacity in which the grant was received on each applicable vesting date.
- [F2]These options were issued to Mr. Fagenson on October 17, 2022 as a success bonus for the completion of the Issuer's merger with QPhoton, Inc., and pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan. These options vest as follows: (i) 100,000 shares on June 16, 2022, (ii) 75,000 shares on September 30, 2022, and (iii) 75,000 shares on December 31, 2022.