AI assistant
D-Wave Quantum Inc. — Director's Dealing 2024
Jan 16, 2024
30690_dirs_2024-01-16_fd2e2151-6312-484c-b5f6-50b8d568e180.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: D-Wave Quantum Inc. (QBTS)
CIK: 0001907982
Period of Report: 2024-01-10
Reporting Person: Nguyen Diane (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-10 | Common Stock, par value $0.0001 per share ("Common Stock") | A | 36351 | — | Acquired | 299156 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-10 | Stock Option (right to buy) | $0.846 | A | 58255 | Acquired | 2034-01-10 | Common Stock (58255) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $0.91 | 2030-05-05 | Common Stock (16592) | 16592 | Direct |
| Stock Option (right to buy) | $0.91 | 2030-05-05 | Common Stock (27668) | 27668 | Direct |
| Stock Option (right to buy) | $0.91 | 2030-11-17 | Common Stock (9118) | 9118 | Direct |
| Stock Option (right to buy) | $0.92 | 2031-08-20 | Common Stock (53379) | 53379 | Direct |
Footnotes
F1: 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) 8,162 Common Stock acquired under the Employee Stock Purchase Plan ("ESPP") of D-Wave Quantum Inc. (the "Issuer"). In accordance with the ESPP, the 8,162 Common Stock were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on November 30, 2023.
F2: This option has vested and is exercisable as of the grant date as to all 58,255 shares of Common Stock.
F3: This option has vested and is exercisable as of the date hereof as to all 16,592 shares of Common Stock.
F4: The option has vested and is exercisable as of the date hereof as to 25,364 shares of Common Stock and the remaining portion of the option vests in equal monthly installments on the 5th of each month through May 5, 2024 as to 2,304 shares of Common Stock.
F5: The option has vested and is exercisable as of the date hereof as to 7,222 shares of Common Stock and the remaining portion of the option vests in equal monthly installments on the 1st of each month through November 1, 2024 as to 1,896 shares of Common Stock.
F6: The option has vested and is exercisable as of the date hereof as to 32,251 shares of Common Stock and the remaining portion of the option vests in equal monthly installments on the 16th of each month through July 16, 2025 as to 21,128 shares of Common Stock.