Alan E. Baratz - 27 Mar 2023 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Reporting relationship: President & CEO, Director
Issuer ticker: QBTS
Reported as of: 27 Mar 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 29 Mar 2023, 16:32:46 UTC
Prior SEC filing: 31 Oct 2022
Next SEC filing: 01 Nov 2023
Source filing: View source filing
Reporting owner signature: /s/ John M Markovich as Attorney-in-Fact, for Alan Baratz

Key filing fact

Alan E. Baratz filed Form 4 for D-Wave Quantum Inc. (QBTS) on 29 Mar 2023.

Key facts

This page summarizes Alan E. Baratz's Form 4 filing for D-Wave Quantum Inc. (QBTS).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 29 Mar 2023, 16:32.

Change

Previous filing in this sequence was filed on 31 Oct 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QBTS transaction

Common Stock, par value $0.0001 per share ("Common Stock")

Award

Transaction value: $0
Shares: +300,000
Change %: +12%
Price: $0.000000
Shares after: 2,800,000
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

The amount includes 2,800,000 shares of unvested restricted stock units.