Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2025-08-20 00:00:00 ET · period of report 2024-07-12 · accession 0001907982-25-000194 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-08-20 | 2024-07-12+ | QBTS | WEST STEVEN M | Dir | G - Gift | $0.00 | +213.2K | 104.7K | New | $0 |
| M | 2025-08-20 | 2024-07-12+ | QBTS | WEST STEVEN M | Dir | G - Gift | $0.00 | -213.2K | 44.8K | -83% | $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") | 2025-08-05 | G | A | 108,485 | $0.00 | 237,840 | I | — | — | (F7) Following the reported transaction, the reporting person was (i) the direct beneficial owner of 44,837 shares of Common Stock, including 19,837 unvested RSUs; and (ii) the indirect beneficial owner of 237,840 shares of Common Stock through the West-Karam Family Trust. (F3) The reporting person's beneficial ownership of Common Stock as of the date of this filing is reflected in the Form 4/A filed on August 20, 2025. |
| 2 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2024-08-22 | G | A | 24,659 | $0.00 | 129,355 | I See Footnote | — | — | (F5) Following the reported transaction, the reporting person was (i) the direct beneficial owner of 131,626 shares of Common Stock, including 106,626 unvested RSUs; (ii) the indirect beneficial owner of 129,355 shares of Common Stock through the West-Karam Family Trust; and (iii) the indirect beneficial owner of 0 shares of Common Stock through Emerging Company Partners LLC. (F3) The reporting person's beneficial ownership of Common Stock as of the date of this filing is reflected in the Form 4/A filed on August 20, 2025. (F4) West-Karam Family Trust is the record holder of such securities. The reporting person is trustee of the West-Karam Family Trust, of which the reporting person and members of the reporting person's immediate family are the sole beneficiaries. The reporting person remains the beneficial owner of the securities held by the trust. |
| 3 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2024-08-22 | G | D | 24,659 | $0.00 | 0 | I See Footnote | — | — | (F5) Following the reported transaction, the reporting person was (i) the direct beneficial owner of 131,626 shares of Common Stock, including 106,626 unvested RSUs; (ii) the indirect beneficial owner of 129,355 shares of Common Stock through the West-Karam Family Trust; and (iii) the indirect beneficial owner of 0 shares of Common Stock through Emerging Company Partners LLC. (F3) The reporting person's beneficial ownership of Common Stock as of the date of this filing is reflected in the Form 4/A filed on August 20, 2025. (F4) West-Karam Family Trust is the record holder of such securities. The reporting person is trustee of the West-Karam Family Trust, of which the reporting person and members of the reporting person's immediate family are the sole beneficiaries. The reporting person remains the beneficial owner of the securities held by the trust. |
| 4 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2024-07-12 | G | A | 104,696 | $0.00 | 104,696 | I See Footnote | — | — | (F2) Following the reported transaction, the reporting person was (i) the direct beneficial owner of 131,626 shares of Common Stock, including 106,626 unvested restricted stock units ("RSUs"); (ii) the indirect beneficial owner of 104,696 shares of Common Stock through the West-Karam Family Trust; and (iii) the indirect beneficial owner of 24,659 shares of Common Stock through Emerging Company Partners LLC. (F3) The reporting person's beneficial ownership of Common Stock as of the date of this filing is reflected in the Form 4/A filed on August 20, 2025. (F6) Emerging Company Partners LLC is the record holder of such securities. The reporting person controls this entity. |
| 5 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2024-07-12 | G | D | 104,696 | $0.00 | 131,626 | D See Footnote | — | — | (F2) Following the reported transaction, the reporting person was (i) the direct beneficial owner of 131,626 shares of Common Stock, including 106,626 unvested restricted stock units ("RSUs"); (ii) the indirect beneficial owner of 104,696 shares of Common Stock through the West-Karam Family Trust; and (iii) the indirect beneficial owner of 24,659 shares of Common Stock through Emerging Company Partners LLC. (F3) The reporting person's beneficial ownership of Common Stock as of the date of this filing is reflected in the Form 4/A filed on August 20, 2025. (F4) West-Karam Family Trust is the record holder of such securities. The reporting person is trustee of the West-Karam Family Trust, of which the reporting person and members of the reporting person's immediate family are the sole beneficiaries. The reporting person remains the beneficial owner of the securities held by the trust. |
| 6 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-05 | G | D | 108,485 | $0.00 | 44,837 | D | — | — | (F7) Following the reported transaction, the reporting person was (i) the direct beneficial owner of 44,837 shares of Common Stock, including 19,837 unvested RSUs; and (ii) the indirect beneficial owner of 237,840 shares of Common Stock through the West-Karam Family Trust. (F3) The reporting person's beneficial ownership of Common Stock as of the date of this filing is reflected in the Form 4/A filed on August 20, 2025. |