Emil Michael - Jun 10, 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role
Director
Signature
/s/ John M. Markovich, as Attorney-in-Fact, for Emil Michael
Stock symbol
QBTS
Transactions as of
Jun 10, 2024
Transactions value $
-$5,586
Form type
4
Date filed
6/12/2024, 06:13 PM
Previous filing
Jun 7, 2024
Next filing
Jun 14, 2024

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 Warrants Sale -$5.59K -46.1K -1.86% $0.12* 2.42M Jun 10, 2024 Common Stock 67K $11.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each warrant is exercisable for 1.4541326 common shares.
F2 This transaction was executed in multiple trades at prices ranging from $0.1111 to $0.1325. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of warrants sold at each separate price for all transactions reported on this Form 4.

Remarks:

The sales reported in this Form 4 were effected for financial and tax planning purposes.