Form 4 for QBTS D-Wave Quantum Inc.

Accepted 2023-10-18 00:00:00 ET · period of report 2023-10-16 · accession 0001140361-23-048694 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-10-18	2023-10-16	QBTS	Nguyen Diane	GC	S - Sale	$1.00	-22.9K	254.6K	-8%	-$22.9K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, par value $0.0001 per share	2023-10-16	S	D	22,855	$1.00	254,643	D	—	—	(F2) This transaction was executed in multiple trades at prices ranging from $0.99 to $1.018. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4 (F3) Includes: (a) 178,672 shares of unvested restricted stock units: (i) 93,312 RSUs granted on October 13, 2022 and vesting as follows: 46,656 on October 13, 2024 and October 13, 2025, and (ii) 85,360 RSUs granted on March 27, 2023 and vesting as follows: 21,340 on March 27, 2024 and the remaining 54,020 will vest quarterly at a rate of 6.25% beginning July 27, 2024, and (b) 5,514 Common Stock acquired under the Employee Stock Purchase Plan ("ESPP") of D-Wave Quantum Inc. (the "Issuer") for the purchase period of January 1, 2023 to June 30, 2023. In accordance with the ESPP, the 5,514 Common Stock were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on January 1, 2023.