Victoria Brydon - Jun 9, 2023 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role
Chief People Officer
Signature
/s/ Victoria Brydon
Stock symbol
QBTS
Transactions as of
Jun 9, 2023
Transactions value $
-$22,200
Form type
4
Date filed
6/13/2023, 09:22 PM
Previous filing
Mar 29, 2023
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 Options Exercise $13.7K +15K +4.51% $0.91 348K Jun 9, 2023 Direct F1
transaction QBTS Common Stock, par value $0.0001 per share Sale -$35.9K -15K -4.31% $2.39 333K Jun 9, 2023 Direct F1

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 QBTS Stock Option (Right to Buy) Options Exercise $0 -15K -5.65% $0.00 251K Jun 9, 2023 Common Stock 15K $0.91 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount includes 332,800 shares of unvested restricted stock units.
F2 The original 265,595 options vest as follows: (1) 219,082 were exercisable as August 10, 2022 and (2) the remaining 46,513 began vesting in equal monthly instalments on the 5th of each month through May 5, 2024.

Remarks:

Chief People Officer