Jennifer S. Houston - Aug 5, 2022 Form 3 Insider Report for D-Wave Quantum Inc. (QBTS)

Role
Chief Marketing Officer
Signature
/s/ Jennifer S. Houston
Stock symbol
QBTS
Transactions as of
Aug 5, 2022
Transactions value $
$0
Form type
3
Date filed
8/5/2022, 03:07 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding QBTS Stock Option (right to buy) Aug 5, 2022 Common Stock, par value $0.0001 per share ("Common Stock") 332K $0.81 Direct F1
holding QBTS Stock Option (right to buy) Aug 5, 2022 Common Stock 187K $0.82 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option has vested and is exercisable as of the date hereof as to 294,781 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, 2030 as to 37,249 shares of Common Stock.
F2 The option has vested and is exercisable as of the date hereof as to 58,383 shares of Common Stock and the remaining portion of the option vests in equal monthly installments thereafter on the 1st of each month through May 6, 2031 as to 128,444 shares of Common Stock.

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney