Emil Michael - Aug 5, 2022 Form 4 Insider Report for DPCM Capital, Inc. (XPOA)

Role: Chairman and CEO, Director, 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, 04:31 PM
Next filing: Oct 31, 2022

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	See Footnotes	F1, F2, F4
transaction	XPOA	Class A Common Stock	Other		-7.25M	-100%		0	Aug 5, 2022	See Footnotes	F3, F4

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		See Footnotes	F1, F2, F4

* 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.
F4	The shares are held directly by CDPM Sponsor Group, LLC (the "Sponsor") and indirectly by Emil Michael as a manager of the Sponsor. Certain of the Issuer's other directors and officers hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Mr. Michael and such other directors and officers disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein.