Quantum Computing director granted 22,123 RSUs
TURMELLE MICHAEL C reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
TURMELLE MICHAEL C reported acquisition or exercise transactions in this Form 4 filing.
Quantum Computing Inc. director Michael C. Turmelle received an equity grant of 22,123 shares of Common Stock in the form of restricted stock units (RSUs) valued at $6.78 per share. Following the grant, he holds 22,123 shares directly.
The RSUs were issued under the Quantum Computing Inc. 2022 Equity and Incentive Plan. According to the vesting schedule, one quarter of the RSUs vests immediately. The remaining three quarters vest in equal portions on June 30, 2026, September 30, 2026 and December 31, 2026, subject to his continuous service through each date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,123 | $6.78 | $150K |
Footnotes (1)
- F1. Represents restricted stock units (RSUs) granted to the Reporting Person under the Quantum Computing Inc. 2022 Equity and Incentive Plan. Such RSUs will vest as follows: 1/4 of the RSUs will vest immediately upon grant, 1/4 of the RSUs will vest on June 30, 2026, 1/4 of the RSUs will vest on September 30, 2026 and 1/4 of the RSUs will vest on December 31, 2026, in each case subject to the Reporting Person's continuous service through each applicable vesting date.
Key Figures
Key Terms
restricted stock units (RSUs) financial
2022 Equity and Incentive Plan financial
vest financial
continuous service financial
FAQ
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What did Quantum Computing Inc. (QUBT) disclose in this Form 4?
What is the vesting schedule for Michael C. Turmelle’s RSUs at QUBT?
At what price were the Quantum Computing Inc. RSUs granted to the director?
What plan governs the RSU grant to the Quantum Computing Inc. director?
Does Michael C. Turmelle’s RSU award depend on continued service at QUBT?
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