Emil Michael - Jun 28, 2023 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role
Director
Signature
/s/ Alan E. Baratz as Attorney-in-Fact, for Emil Michael
Stock symbol
QBTS
Transactions as of
Jun 28, 2023
Transactions value $
$0
Form type
4
Date filed
6/30/2023, 05:23 PM
Previous filing
Jun 20, 2023
Next filing
Jul 14, 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 Award $0 +75.7K +208.17% $0.00 112K Jun 28, 2023 Direct F1
holding QBTS Common Stock, par value $0.0001 per share 2.77M Jun 28, 2023 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 75,675 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 annual meeting of stockholders in 2024, 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.