Initial Statement of Beneficial Ownership (3)
November 10 2021 - 11:19AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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0.5
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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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McGann William J |
2. Date of Event Requiring Statement (MM/DD/YYYY)
9/22/2021
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3. Issuer Name and Ticker or Trading Symbol
Quantum Computing Inc. [QUBT]
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(Last)
(First)
(Middle)
C/O QUANTUM COMPUTING INC., 215 DEPOT COURT SE, SUITE 215 |
4. 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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(Street)
LEESBURG, VA 20175
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 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 Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock option (option to purchase common stock) | (1) | (2) | Common Stock | 100000 | (1) | D | |
Explanation of Responses: |
(1) | The Company granted Mr. McGann options to purchase shares of common stock each year that he remains in service as a Non-Executive Director in the amount of 100,000 options per year, vesting quarterly at the stock price on the date of the grant, in accordance with the Company's 2019 Equity and Incentive Plan. |
(2) | Options expire on such date that Mr. McGann is no longer a Non-Executive Director of the Board of Directors of the Company. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
McGann William J C/O QUANTUM COMPUTING INC. 215 DEPOT COURT SE, SUITE 215 LEESBURG, VA 20175 | X |
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Signatures
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/s/ William J. McGann | | 11/10/2021 |
**Signature of Reporting Person | Date |
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