Filing Details

Accession Number:
0001140361-23-048694
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-10-18 16:05:32
Reporting Period:
2023-10-16
Accepted Time:
2023-10-18 16:05:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1907982 D-Wave Quantum Inc. QBTS Services-Computer Processing & Data Preparation (7374) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1974777 Diane Nguyen 2650 East Bayshore Road
Palo Alto CA 94303
General Counsel No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.0001 Per Share Disposition 2023-10-16 22,855 $1.00 254,643 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Represents 22,855 Common Stock sold to cover the taxes on the vesting of 93,312 RSUs.
  2. This transaction was executed in multiple trades at prices ranging from $0.99 to $1.018. The price reported above reflects the weighted average 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. Includes: (a) 178,672 shares of unvested restricted stock units: (i) 93,312 RSUs granted on October 13, 2022 and vesting as follows: 46,656 on October 13, 2024 and October 13, 2025, and (ii) 85,360 RSUs granted on March 27, 2023 and vesting as follows: 21,340 on March 27, 2024 and the remaining 54,020 will vest quarterly at a rate of 6.25% beginning July 27, 2024, and (b) 5,514 Common Stock acquired under the Employee Stock Purchase Plan ("ESPP") of D-Wave Quantum Inc. (the "Issuer") for the purchase period of January 1, 2023 to June 30, 2023. In accordance with the ESPP, the 5,514 Common Stock were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on January 1, 2023.