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D-Wave Quantum Inc. — Director's Dealing 2025
Jan 27, 2025
30690_dirs_2025-01-27_8b5f15cf-282a-4c36-84a8-08aab161caf5.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: 2025-01-23
Reporting Person: Nguyen Diane (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-23 | Common Stock, par value $0.0001 per share ("Common Stock") | S | 2383 | $5.27 | Disposed | 448162 | Direct |
Footnotes
F1: Represents the number of shares of Common Stock required to be sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2: Includes: (i) 237,171 shares of unvested restricted stock units, and (ii) 8,823 Common Stock acquired under the Employee Stock Purchase Plan ("ESPP") of the Issuer for the purchase period of June 1, 2024 to November 30, 2024. In accordance with the ESPP, the 8,823 Common Stock were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on June 3, 2024.