Quantum Computing (QUBT) Form 3 Quantum Computing / David Charles Morris ownership change

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

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1. Name and Address of Reporting Person^*

Morris David Charles

(Last) (First) (Middle)

215 DEPOT COURT SE #212

(Street)

LEESBURG VA 20175

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/29/2021

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 Revenue 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)

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
Options to purchase shares of Common Stock	(1)	(1)	Common Stock, par value $0.0001	200,000	(1)	D(1)

Explanation of Responses:

1. Pursuant to the terms of the employment agreement, by and between Mr. Morris and the Issuer, dated April 29, 2021 (the "Effective Date"), Mr. Morris was granted stock options to purchase up to 200,000 shares of the Company's common stock, par value $0.0001 per share, at an exercise price of $6.70 per share (the "Stock Options"). 50,000 of the Stock Options shall vest on the first anniversary of the Effective Date, 50,000 shall vest on the second anniversary of the Effective Date and 100,000 options shall vest on the third anniversary of the Effective Date.

	/s/ David Morris	05/19/2021
	** Signature of Reporting Person	Date
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