Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2024-06-04 00:00:00 ET · period of report 2024-05-31 · accession 0001140361-24-028891 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-06-04 | 2024-05-31+ | QBTS | Michael Emil | Dir | S - Sale | $1.29 | -111.9K | 887.1K | -11% | -$144.8K |
| DM | 2024-06-04 | 2024-05-31+ | QBTS | Michael Emil | Dir | S - Sale | $0.1481 | -100.5K | 2.61M | -4% | -$14.9K |
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") | 2024-05-31 | S | D | 36,353 | $1.30 | 962,723 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $1.30 to $1.31. The price reported above reflects the weighted average sale 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. |
| 2 | Common | Common Stock | 2024-06-03 | S | D | 25,675 | $1.35 | 937,048 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $1.35 to $1.365. The price reported above reflects the weighted average sale 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. |
| 3 | Common | Common Stock | 2024-06-04 | S | D | 49,910 | $1.26 | 887,138 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $1.25 to $1.285. The price reported above reflects the weighted average sale 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. |
| 4 | Derivative | Warrants | 2024-05-31 | S | D | 8,411 | $0.17 | 2,700,483 | D | $11.50 · 2022-09-05 to 2027-08-05 | 8,411 Common Stock | (F5) This transaction was executed in multiple trades at prices ranging from $0.17 to $0.1788. The price reported above reflects the weighted average sale 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. |
| 5 | Derivative | Warrants | 2024-06-03 | S | D | 55,983 | $0.15 | 2,644,500 | D | $11.50 · 2022-09-05 to 2027-08-05 | 55,983 Common Stock | (F6) This transaction was executed in multiple trades at prices ranging from $0.14 to $0.175. The price reported above reflects the weighted average sale 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. |
| 6 | Derivative | Warrants | 2024-06-04 | S | D | 36,056 | $0.14 | 2,608,444 | D | $11.50 · 2022-09-05 to 2027-08-05 | 36,056 Common Stock | (F7) This transaction was executed in multiple trades at prices ranging from $0.14 to $0.16. The price reported above reflects the weighted average sale 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. |