Emil Michael - 27 Oct 2022 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role
Director
Signature
/s/ John M Markovich as Attorney-in-Fact, for Emil Michael
Issuer symbol
QBTS
Transactions as of
27 Oct 2022
Net transactions value
$0
Form type
4
Filing time
31 Oct 2022, 18:05:42 UTC
Previous filing
09 Aug 2022
Next filing
10 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QBTS Common Stock, par value $0.0001 per share ("Common Stock") Award $0 +29,021 +80% $0.000000 65,374 27 Oct 2022 Direct F1
holding QBTS Common Stock 2,768,075 27 Oct 2022 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 29,021 restricted stock units, each restricted stock unit representing the right to receive one share of Common Stock of the Issuer, that will vest as of the date of the Issuer's first annual meeting of stockholders in 2023, subject to the reporting person's continued service to the Issuer.
F2 CDPM Sponsor Group, LLC (the "Sponsor") is the record holder of such securities. Emil Michael is the manager of the Sponsor, and as such has voting and dispositive power over the securities held by the Sponsor and may be deemed to have beneficial ownership of such securities. Emil Michael disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.