Diane Nguyen - 31 May 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Signature
/s/ Diane Nguyen
Issuer symbol
QBTS
Transactions as of
31 May 2024
Net transactions value
-$13,478
Form type
4
Filing time
04 Jun 2024, 19:53:09 UTC
Previous filing
29 Mar 2024
Next filing
26 Jul 2024

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") Tax liability $13,478 -9,838 -2.1% $1.37 459,766 31 May 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes: (a) 312,332 shares of unvested restricted stock units ("RSUs"): (i) 93,312 RSUs granted on October 13, 2022 and vesting as follows: 46,656 on October 13, 2024 and October 13, 2025, (ii) 64,020 RSUs granted on March 27, 2023, which will vest quarterly at a rate of 6.25% beginning June 27, 2024, (iii) 80,000 RSUs granted on March 27, 2024 and vesting as follows: 20,000 on March 27, 2025 and the remaining 60,000 RSUs will vest quarterly at a rate of 6.25% beginning June 27, 2025, and (iv) 75,000 RSUs granted on March 27, 2024, which will vest quarterly at a rate of 6.25% beginning August 1, 2024.