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

Role: President & CEO, Director
Signature: /s/ John M Markovich as Attorney-in-Fact, for Alan Baratz
Issuer symbol: QBTS
Transactions as of: 27 Oct 2022
Net transactions value: $0
Form type: 4
Filing time: 31 Oct 2022, 18:09:48 UTC
Previous filing: 05 Aug 2022
Next filing: 29 Mar 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	+2,500,000		$0.000000	2,500,000	27 Oct 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 2,500,000 restricted stock units, each restricted stock unit representing the right to receive one share of Common Stock of the Issuer, including 1,500,000 restricted stock units that will vest 50% on the first anniversary of the grant date, and 25% on each of the second and third anniversaries of the grant date, subject to the reporting person's continued service to the Issuer, and 1,000,000 restricted stock units that will vest 50% on each the first and second anniversaries of the grant date, subject to the reporting person's continued service to the Issuer.

Content

Represents 2,500,000 restricted stock units, each restricted stock unit representing the right to receive one share of Common Stock of the Issuer, including 1,500,000 restricted stock units that will vest 50% on the first anniversary of the grant date, and 25% on each of the second and third anniversaries of the grant date, subject to the reporting person's continued service to the Issuer, and 1,000,000 restricted stock units that will vest 50% on each the first and second anniversaries of the grant date, subject to the reporting person's continued service to the Issuer.