E. Alan Baratz - Mar 27, 2023 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
Stock symbol
QBTS
Transactions as of
Mar 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/29/2023, 04:32 PM
Previous filing
Oct 31, 2022
Next filing
Nov 1, 2023

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 +300K +12% $0.00 2.8M Mar 27, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 300,000 restricted stock units, each restricted stock unit representing the right to receive one share of Common Stock of the Issuer, that will vest 25% on the first anniversary of the grant date and remaining will vest in quarterly installments of 8.33%, subject to the reporting person's continued service to the Issuer.
F2 The amount includes 2,800,000 shares of unvested restricted stock units.