Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2025-05-23 00:00:00 ET · period of report 2025-05-21 · accession 0001907982-25-000110 · 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 | 2025-05-23 | 2025-05-21 | QBTS | Markovich John M. | CFO | M - OptEx | $0.92 | +502.7K | 1.98M | +34% | +$462.5K |
| DM | 2025-05-23 | 2025-05-21 | QBTS | Markovich John M. | CFO | S - Sale+OE | $17.30 | -400.0K | 1.58M | -20% | -$6.92M |
| D | 2025-05-23 | 2025-05-21 | QBTS | Markovich John M. | CFO | M - OptEx | $0.92 | -502.7K | 998.7K | -33% | -$462.5K |
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 | 502,702 | $0.92 | 1,977,944 | D | — | — | (F1) Includes 861,610 shares of unvested restricted stock units. |
| 2 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-05-21 | S | D | 200,000 | $16.85 | 1,777,944 | D | — | — | (F3) 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 $16.70 to $17.00, 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. (F1) Includes 861,610 shares of unvested restricted stock units. |
| 3 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-05-21 | S | D | 200,000 | $17.75 | 1,577,944 | D | — | — | (F1) Includes 861,610 shares of unvested restricted stock units. |
| 4 | Derivative | Stock Option (right to buy) | 2025-05-21 | M | D | 502,702 | $0.92 | 998,684 | D | $0.92 · — to 2031-08-20 | 502,702 Common Stock, par value $0.0001 per share ("Common Stock") | (F4) The option has vested and is exercisable as of the date hereof as to 1,407,555 shares of Common Stock and the remaining portion of the option vests in equal monthly installments on the 20th of each month through August 20, 2025 as to 93,831 shares of Common Stock. |