Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2024-01-16 00:00:00 ET · period of report 2024-01-10 · accession 0001140361-24-002391 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-16 | 2024-01-10 | QBTS | BARATZ ALAN E | Pres, CEO, Dir | A - Grant | $0.00 | +107.5K | 2.44M | +5% | $0 |
| D | 2024-01-16 | 2024-01-10 | QBTS | BARATZ ALAN E | Pres, CEO, Dir | A - Grant | $0.00 | +213.2K | 213.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | 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 ("Common Stock") | 2024-01-10 | A | A | 107,469 | $0.00 | 2,444,969 | D | — | — | (F1) Includes 1,550,000 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, and (ii) 300,000 RSUs granted on March 27, 2023 and vesting as follows: 75,000 on March 27, 2024 and the remaining 225,000 will vest quarterly at a rate of 6.25% beginning June 27, 2024. |
| 2 | Derivative | Stock Option (right to buy) | 2024-01-10 | A | A | 213,232 | $0.00 | 213,232 | D | $0.85 · — to 2034-01-10 | 213,232 Common Stock | (F2) This option has vested and is exercisable as of the grant date as to all 213,232 shares of Common Stock. |