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D-Wave Quantum Inc. — Director's Dealing 2024
Jun 8, 2024
30690_dirs_2024-06-07_11562b76-e64b-42c7-bdf9-c714b9de1f6c.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: 2024-06-05
Reporting Person: Michael Emil (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-06 | Common Stock, par value $0.0001 per share ("Common Stock") | A | 106626 | — | Acquired | 993674 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-05 | Warrants | $11.5 | S | 41216 | Disposed | 2027-08-05 | Common Stock (59933) | Direct |
| 2024-06-06 | Warrants | $11.5 | S | 78552 | Disposed | 2027-08-05 | Common Stock (114225) | Direct |
| 2024-06-06 | Warrants | $11.5 | S | 2310 | Disposed | 2027-08-05 | Common Stock (3359) | Direct |
| 2024-06-07 | Warrants | $11.5 | S | 15665 | Disposed | 2027-08-05 | Common Stock (22778) | Direct |
Footnotes
F1: Represents 106,626 restricted stock units, each restricted stock unit representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2025, subject to the reporting person's continued service to the Issuer.
F2: Reflects a decrease of 90 shares of Common Stock to correct for an inadvertent error in the Column 4 amount reflected in connection with a previously reported transaction.
F3: Each warrant is exercisable for 1.4541326 common shares.
F4: This transaction was executed in multiple trades at prices ranging from $0.14 to $0.15875. The price reported above reflects the weighted average sale 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 warrants sold at each separate price for all transactions reported on this Form 4.
F5: This transaction was executed in multiple trades at prices ranging from $0.1350 to $0.1750. The price reported above reflects the weighted average sale 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 warrants sold at each separate price for all transactions reported on this Form 4.
F6: This transaction was executed in multiple trades at prices ranging from $0.14 to $0.15. The price reported above reflects the weighted average sale 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 warrants sold at each separate price for all transactions reported on this Form 4.
F7: This transaction was executed in multiple trades at prices ranging from $0.135 to $0.1444. The price reported above reflects the weighted average sale 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 warrants sold at each separate price for all transactions reported on this Form 4.