Form 4 for QBTS D-Wave Quantum Inc.

Accepted 2024-03-29 00:00:00 ET · period of report 2024-03-27 · accession 0001140361-24-016687 · 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
	2024-03-29	2024-03-27	QBTS	BARATZ ALAN E	Pres, CEO, Dir	A - Grant	$0.00	+300.0K	2.74M	+12%	$0
	2024-03-29	2024-03-27	QBTS	BARATZ ALAN E	Pres, CEO, Dir	F - Tax	$1.95	-29.5K	2.72M	-1%	-$57.6K

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 ("Common Stock")	2024-03-27	A	A	300,000	$0.00	2,744,969	D	—	—	(F1) Represents 300,000 restricted stock units, each restricted stock unit representing the right to receive one share of Common Stock of the Issuer, that will vest 25% on the first anniversary of the grant date and remaining will vest in equal quarterly installments beginning on June 27, 2025 through March 27, 2028, subject to the reporting person's continued service to the Issuer. (F2) Includes 1,775,000 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, (ii) 225,000 RSUs granted on March 27, 2023, which will vest quarterly at a rate of 6.25% beginning June 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.
2	Common	Common Stock, par value $0.0001 per share ("Common Stock")	2024-03-27	F	D	29,513	$1.95	2,715,456	D	—	—