TURMELLE MICHAEL C 4
4 · Quantum Computing Inc. · Filed Jun 11, 2025
Insider Transaction Report
Form 4
TURMELLE MICHAEL C
Director
Transactions
- Disposition to Issuer
Options to Purchase Shares of Common Stock
2025-06-03−80,246→ 0 totalExercise: $2.40Exp: 2027-01-24→ Common Stock (80,246 underlying) - Exercise/Conversion
Common Stock
2025-06-03$2.37/sh+120,740$286,154→ 120,740 total - Sale
Common Stock
2025-06-09$14.18/sh−200,986$2,849,981→ 0 total - Disposition to Issuer
Options to Purchase Shares of Common Stock
2025-06-03−120,740→ 0 totalExercise: $2.37Exp: 2027-10-17→ Common Stock (120,740 underlying) - Exercise/Conversion
Common Stock
2025-06-03$2.40/sh+80,246$192,590→ 80,246 total
Footnotes (2)
- [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.