Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2025-05-23 00:00:00 ET · period of report 2025-05-21 · accession 0001907982-25-000109 · 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 | 2025-05-23 | 2025-05-21 | QBTS | WEST STEVEN M | Dir | M - OptEx | $0.9129 | +312.0K | 548.3K | +132% | +$284.8K |
| D | 2025-05-23 | 2025-05-21 | QBTS | WEST STEVEN M | Dir | S - Sale+OE | $16.50 | -312.0K | 236.3K | -57% | -$5.15M |
| DM | 2025-05-23 | 2025-05-21 | QBTS | WEST STEVEN M | Dir | M - OptEx | $0.9129 | -312.0K | 0 | -100% | -$284.8K |
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") | 2025-05-21 | M | A | 88,965 | $0.92 | 325,287 | D | — | — | |
| 2 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-05-21 | M | A | 223,008 | $0.91 | 548,295 | D | — | — | |
| 3 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-05-21 | S | D | 311,973 | $16.50 | 236,322 | D | — | — | (F1) The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $16.315 to $16.645, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. |
| 4 | Derivative | Stock Option (right to buy) | 2025-05-21 | M | D | 223,008 | $0.91 | 0 | D | $0.91 · — to 2030-05-05 | 223,008 Common Stock, par value $0.0001 per share ("Common Stock") | (F3) The option has vested and is exercisable as of the date hereof. |
| 5 | Derivative | Stock Option (right to buy) | 2025-05-21 | M | D | 88,965 | $0.92 | 0 | D | $0.92 · — to 2031-08-20 | 88,965 Common Stock, par value $0.0001 per share ("Common Stock") | (F3) The option has vested and is exercisable as of the date hereof. |