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D-Wave Quantum Inc. — Director's Dealing 2023
Nov 1, 2023
30690_dirs_2023-11-01_06847337-9c92-4ac8-9cb2-4f7c7717d924.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: D-Wave Quantum Inc. (QBTS)
CIK: 0001907982
Period of Report: 2023-10-30
Reporting Person: Brydon Victoria (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-10-30 | Common Stock, par value $0.0001 per share ("Common Stock") | F | 54461 | $0.66 | Disposed | 291714 | Direct |
Footnotes
F1: Represents Common Stock withheld by the Issuer to satisfy tax withholding requirements on the vesting of restricted stock units.
F2: Includes: (a) 231,005 shares of unvested restricted stock units: (i) 101,795 RSUs granted on October 27, 2022 and vesting as follows: 50,897 on October 27, 2024 and 50,898 on October 27, 2025, and (ii) 129,210 RSUs granted on March 27, 2023 and vesting as follows: 32,302 on March 27, 2024 and the remaining 96,908 will vest quarterly at a rate of 6.25% beginning June 27, 2024, and (b) 13,375 Common Stock acquired under the Employee Stock Purchase Plan ("ESPP") of the Issuer for the purchase period of January 1, 2023 to June 30, 2023. In accordance with the ESPP, the 13,375 Common Stocks were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on January 1, 2023.