Liscouski Robert 4
4 · Quantum Computing Inc. · Filed Oct 19, 2022
Insider Transaction Report
Form 4
Liscouski Robert
DirectorPresident, CEO10% Owner
Transactions
- Award
Options to purchase Common Stock
2022-10-17+150,000→ 725,000 totalExercise: $2.61Exp: 2027-10-17→ Common Stock (150,000 underlying) - Award
Options to purchase Common Stock
2022-10-17+1,500,000→ 2,225,000 totalExercise: $2.37Exp: 2027-10-17→ Common Stock (1,500,000 underlying)
Footnotes (2)
- [F1]These options were issued to Mr. Liscouski 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. Liscouski and the Issuer. These options vest over a three year period, starting on April 1, 2022, with (i) 50,000 of the options vesting on April 1, 2022, and (ii) the remainder of the options vesting in equal monthly installments of 2,778 shares for thirty five (35) months and (iii) 2,770 shares in the thirty sixth (36) month, subject to Mr. Liscouski's continuing services for the Company in the capacity in which the grant was received on each applicable vesting date.
- [F2]These options were issued to Mr. Liscouski 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) 500,000 shares vest on June 16, 2022, (ii) 500,000 shares vest on September 30, 2022, and (iii) 500,000 shares vest on December 31, 2022.