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D-Wave Quantum Inc. — Director's Dealing 2024
Jan 16, 2024
30690_dirs_2024-01-16_83f90754-eb86-425c-9a65-8a5747e81ed6.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: 2024-01-10
Reporting Person: Markovich John M. (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 | 60896 | — | Acquired | 1020396 | 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 | 120826 | Acquired | 2034-01-10 | Common Stock (120826) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $0.92 | 2031-08-20 | Common Stock (1501386) | 1501386 | Direct |
Footnotes
F1: Includes 637,500 shares of unvested restricted stock units: (i) 437,500 RSUs granted on October 27, 2022 and vesting as follows: 218,750 on October 27, 2024 and October 27, 2025, and (ii) 200,000 RSUs granted on March 27, 2023 and vesting as follows: 50,000 on March 27, 2024 and the remaining 150,000 will vest quarterly at a rate of 6.25% beginning June 27, 2024.
F2: This option has vested and is exercisable as of the grant date as to all 120,826 shares of Common Stock.
F3: The option has vested and is exercisable as of the date hereof as to 875,834 shares of Common Stock and the remaining portion of the option vests in equal monthly installments on the 20th of each month through August 20, 2025 as to 625,552 shares of Common Stock.