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  4. [Form 3] Quantum Computing Inc. Initial Statement of Beneficial Ownership

Quantum Computing Inc. (QUBT) COO discloses stock and option holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Quantum Computing Inc. chief operating officer Milan Begliarbekov filed an initial ownership report showing his equity holdings in the company as of the event date. He directly beneficially owns 28,400 shares of common stock. In addition, he holds several stock option grants over common stock: options for 55,000 shares with a $2.37 exercise price expiring on 10/12/2027, which are fully vested; options for 200,000 shares at $1.35 expiring on 05/12/2028, which vest annually over five years; and options for 5,600 shares at $7.96 expiring on 02/19/2030, which are fully vested.

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Insider Begliarbekov Milan
Role Chief Operating Officer
Type Security Shares Price Value
holding Stock Options -- -- --
holding Stock Options -- -- --
holding Stock Options -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Options — 55,000 shares (Direct); Common Stock — 28,400 shares (Direct)
Footnotes (1)
  1. On 10/12/2022, Mr. Begliarbekov was granted non-qualified stock options (the "Stock Options") to purchase up to an aggregate of 55,000 shares of the Company's common stock, at an exercise price of $2.37 per share. The Stock Options are fully vested. On 5/12/2023, Mr. Begliarbekov was granted Stock Options to purchase up to an aggregate of 200,000 shares of the Company's common stock, at an exercise price of $1.35 per share. The Stock Options shall vest annually over five years. On 2/19/2025, Mr. Begliarbekov was granted Stock Options to purchase up to an aggregate of 5,600 shares of the Company's common stock, at an exercise price of $7.96 per share. The Stock Options are fully vested.
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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Begliarbekov Milan
(Last) (First) (Middle)
5 MARINE VIEW PLZ
SUITE 214
(Street)
HOBOKEN NJ 07030
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/02/2025 		3. Issuer Name and Ticker or Trading Symbol
Quantum Computing Inc. [ QUBT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
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)
Common Stock 28,400 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: 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 Options (1) 10/12/2027 Common Stock 55,000 $2.37 D
Stock Options (2) 05/12/2028 Common Stock 200,000 $1.35 D
Stock Options (3) 02/19/2030 Common Stock 5,600 $7.96 D
Explanation of Responses:
1. On 10/12/2022, Mr. Begliarbekov was granted non-qualified stock options (the "Stock Options") to purchase up to an aggregate of 55,000 shares of the Company's common stock, at an exercise price of $2.37 per share. The Stock Options are fully vested.
2. On 5/12/2023, Mr. Begliarbekov was granted Stock Options to purchase up to an aggregate of 200,000 shares of the Company's common stock, at an exercise price of $1.35 per share. The Stock Options shall vest annually over five years.
3. On 2/19/2025, Mr. Begliarbekov was granted Stock Options to purchase up to an aggregate of 5,600 shares of the Company's common stock, at an exercise price of $7.96 per share. The Stock Options are fully vested.
/s/ Milan Begliarbekov 01/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What does the Quantum Computing Inc. (QUBT) Form 3 filing report for Milan Begliarbekov?

The filing reports that Milan Begliarbekov, the chief operating officer of Quantum Computing Inc., beneficially owns common stock and several grants of stock options in the company as of the stated event date.

How many Quantum Computing Inc. (QUBT) common shares does Milan Begliarbekov own?

Milan Begliarbekov directly beneficially owns 28,400 shares of Quantum Computing Inc. common stock according to the Form 3.

What stock options in Quantum Computing Inc. does Milan Begliarbekov hold at a $2.37 exercise price?

He holds non-qualified stock options to purchase up to 55,000 shares of Quantum Computing Inc. common stock at an exercise price of $2.37 per share, expiring on 10/12/2027, and these options are fully vested.

What are the terms of Milan Begliarbekovs 200,000-share Quantum Computing Inc. option grant?

He was granted stock options to purchase up to 200,000 shares of Quantum Computing Inc. common stock at an exercise price of $1.35 per share, expiring on 05/12/2028. These options vest annually over five years.

What are the details of the 5,600-share Quantum Computing Inc. option grant to Milan Begliarbekov?

He holds stock options to purchase up to 5,600 shares of Quantum Computing Inc. common stock at an exercise price of $7.96 per share, expiring on 02/19/2030, and these options are reported as fully vested.

What is Milan Begliarbekovs role at Quantum Computing Inc. in this Form 3?

In this Form 3, Milan Begliarbekov is identified as an officer of Quantum Computing Inc., serving as the companys Chief Operating Officer.