Key facts
- This page summarizes Alan E. Baratz's Form 4 filing for D-Wave Quantum Inc. (QBTS).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 29 Mar 2024, 18:15.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Tax liability
Additional SEC filing notes
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 equal quarterly installments beginning on June 27, 2025 through March 27, 2028, subject to the reporting person's continued service to the Issuer.
Footnote F2
Includes 1,775,000 shares of unvested restricted stock units: (i) 1,250,000 RSUs granted on October 27, 2022 and vesting as follows: 875,000 on October 27, 2024 and 375,000 on October 27, 2025, (ii) 225,000 RSUs granted on March 27, 2023, which will vest quarterly at a rate of 6.25% beginning June 27, 2024, and (iii) 300,000 RSUs granted on March 27, 2024 and vesting as follows: 75,000 on March 27, 2025 and the remaining 225,000 will vest quarterly at a rate of 6.25% beginning June 27, 2025.