E. Alan Baratz - Jul 22, 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Signature
/s/ Alan Baratz
Stock symbol
QBTS
Transactions as of
Jul 22, 2024
Transactions value $
-$7,527
Form type
4
Date filed
7/26/2024, 05:55 PM
Previous filing
Mar 29, 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 -$7.53K -7.38K -0.27% $1.02 2.7M 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 1,756,250 shares of unvested restricted stock units: (i) 1,250,000 RSUs granted on October 27, 2022 and vesting as follows: 875,000 on October 27, 2024 and 375,000 on October 27, 2025, (ii) 206,250 RSUs granted on March 27, 2023, which will vest quarterly at a rate of 6.25% beginning September 27, 2024, and (iii) 300,000 RSUs granted on March 27, 2024 and vesting as follows: 75,000 on March 27, 2025 and the remaining 225,000 will vest quarterly at a rate of 6.25% beginning June 27, 2025.