Diane Nguyen - Jul 22, 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Signature
/s/ John Markovich, as Attorney-in-Fact, for Diane Nguyen
Stock symbol
QBTS
Transactions as of
Jul 22, 2024
Transactions value $
-$2,142
Form type
4
Date filed
7/26/2024, 05:47 PM
Previous filing
Jun 4, 2024
Next filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QBTS Common Stock, par value $0.0001 per share ("Common Stock") Tax liability -$2.14K -2.1K -0.45% $1.02 467K Jul 22, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes: (a) 306,997 shares of unvested restricted stock units ("RSUs"): (i) 93,312 RSUs granted on October 13, 2022 and vesting as follows: 46,656 on October 13, 2024 and October 13, 2025, (ii) 58,685 RSUs granted on March 27, 2023, which will vest quarterly at a rate of 6.25% beginning September 27, 2024, (iii) 80,000 RSUs granted on March 27, 2024 and vesting as follows: 20,000 on March 27, 2025 and the remaining 60,000 RSUs will vest quarterly at a rate of 6.25% beginning June 27, 2025, and (iv) 75,000 RSUs granted on March 27, 2024, which will vest quarterly at a rate of 6.25% beginning August 1, 2024. In accordance with the Employee Stock Purchase Plan, 9,436 shares of Common Stock were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on December 1, 2023.