D-Wave Quantum Inc. — Director's Dealing 2025

Aug 15, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: D-Wave Quantum Inc. (QBTS)
CIK: 0001907982
Period of Report: 2025-08-13

Reporting Person: Nguyen Diane (EVP, Chief Legal Officer & GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-13	Common Stock, par value $0.0001 per share ("Common Stock")	F	2459	$18.51	Disposed	601602	Direct
2025-08-13	Common Stock, par value $0.0001 per share ("Common Stock")	S	25634	$18.113	Disposed	575968	Direct
2025-08-13	Common Stock, par value $0.0001 per share ("Common Stock")	M	27668	$0.91	Acquired	603636	Direct
2025-08-13	Common Stock, par value $0.0001 per share ("Common Stock")	M	9118	$0.91	Acquired	612754	Direct
2025-08-13	Common Stock, par value $0.0001 per share ("Common Stock")	M	2224	$0.92	Acquired	614978	Direct
2025-08-13	Common Stock, par value $0.0001 per share ("Common Stock")	S	39010	$18.181	Disposed	575968	Direct
2025-08-13	Common Stock, par value $0.0001 per share ("Common Stock")	M	40831	$2.10	Acquired	616799	Direct
2025-08-13	Common Stock, par value $0.0001 per share ("Common Stock")	S	4626	$18.54	Disposed	612173	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-08-13	Stock Option (right to buy)	$0.91	M	27668	Disposed	2030-05-05	Common Stock, par value $0.0001 per share ("Common Stock") (27668)	Direct
2025-08-13	Stock Option (right to buy)	$0.91	M	9118	Disposed	2030-11-17	Common Stock, par value $0.0001 per share ("Common Stock") (9118)	Direct
2025-08-13	Stock Option (right to buy)	$0.92	M	2224	Disposed	2031-08-20	Common Stock, par value $0.0001 per share ("Common Stock") (2224)	Direct
2025-08-13	Stock Option (right to buy)	$2.10	M	40831	Disposed	2034-03-27	Common Stock, par value $0.0001 per share ("Common Stock") (40831)	Direct

Footnotes

F1: Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.

F2: Includes 294,212 shares of unvested restricted stock units.

F3: The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $18.11 to $18.13, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

F4: The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $18.18 to $18.185, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

F5: Represents shares of Common Stock sold by the Reporting Person in connection with the exercise of 40,831 stock options.

F6: The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $18.475 to $18.540, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

F7: The option has vested and is exercisable as of the date hereof.

F8: This option has vested and is exercisable as of the date hereof as to 40,831 shares of Common Stock and the remaining portion of the option vests in monthly installments of 2,083 or 2,084 shares of Common Stock on the 1st of each month through May 1, 2027.