CDPM Sponsor Group, LLC - Aug 5, 2022 Form 4 Insider Report for DPCM Capital, Inc. (XPOA)

Role
10%+ Owner
Signature
/s/ Alan I. Annex, Attorney-in-Fact
Stock symbol
XPOA
Transactions as of
Aug 5, 2022
Transactions value $
$0
Form type
4
Date filed
8/9/2022, 04:30 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPOA Class A Common Stock Conversion of derivative security +7.25M 7.25M Aug 5, 2022 Direct F1, F2
transaction XPOA Class A Common Stock Other -7.25M -100% 0 Aug 5, 2022 Direct F3

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
transaction XPOA Class B Common Stock Conversion of derivative security $0 -7.25M -100% $0.00* 0 Aug 5, 2022 Class A Common Stock 7.25M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As describd in the DPCM Capital, Inc.'s registration statement on Form S-1 (File No. 333-249274) under the heading "Description of Securities," the Class B Common Stock of the issuer automatically converts into Class A Common Stock of the issuer ("Class A Common Stock") at the time of the issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.
F2 (Continued from Footnote 1) On August 5, 2022, the issuer consummated its initial business combination (the "Business Combination") with D-Wave Quantum, Inc. ("Newco"), a Delaware corporation. In connection with the Business Combination, each share of Class B Common Stock converted into Class A Common Stock.
F3 In connection with the Business Combination, the Reporting Person exchanged its shares of Class A Common Stock for 7,252,500 fully paid and non-assessable shares of common stock, par value U.S. $0.0001 per share of Newco.