Statement of Changes in Beneficial Ownership (4)
August 07 2020 - 10:09AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Schreiber Justin |
2. Issuer Name and Ticker or Trading Symbol
Quantum Computing Inc.
[
QUBT
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
215 DEPOT COURT SE #215 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
7/17/2020 |
(Street)
LEESBURG, VA 20175
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock, $0.0001 par value per share | 7/17/2020 | | M(1) | | 500000 | A | (1) | 500000 | I | JOJ Holdings, LLC (2) |
Common Stock, $0.0001 par value per share | 7/17/2020 | | M(1) | | 500000 | A | (1) | 1000000 | I | JOJ Holdings, LLC (2) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 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 |
Convertible Promissory Note | (1) | 7/17/2020 | | M (1) | | | 500000 | (1) | (1) | Common Stock | 500000 | (1) | 500000 | I | JOJ Holdings, LLC (2) |
Convertible Promissory Note | (1) | 7/17/2020 | | M (1) | | | 500000 | (1) | (1) | Common Stock | 500000 | (1) | 0 | I | JOJ Holdings, LLC (2) |
Explanation of Responses: |
(1) | Two convertible promissory notes (each a "Note", and together, the "Notes") were issued to Mr. Schreiber on August 10, 2018 (the "Date of Issuance"). The Maturity Date of the Notes was August 10, 2020 (the "Maturity Date"). Each Note was converted into 500,000 shares of Common Stock of the Issuer. |
(2) | Mr. Schreiber is the President of JOJ Holdings, LLC, and has voting and investment control over the shares. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Schreiber Justin 215 DEPOT COURT SE #215 LEESBURG, VA 20175 | X |
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Signatures
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/s/ Justin Schreiber | | 8/7/2020 |
**Signature of Reporting Person | Date |