Diane Nguyen - 22 Jul 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role: General Counsel
Signature: /s/ John Markovich, as Attorney-in-Fact, for Diane Nguyen
Issuer symbol: QBTS
Transactions as of: 22 Jul 2024
Net transactions value: -$2,142
Form type: 4
Filing time: 26 Jul 2024, 17:47:08 UTC
Previous filing: 04 Jun 2024
Next filing: 23 Aug 2024
SEC: View on sec.gov

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	$2,142	-2,100	-0.45%	$1.02	467,102	22 Jul 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) 306,997 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) 58,685 RSUs granted on March 27, 2023, which will vest quarterly at a rate of 6.25% beginning September 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. In accordance with the Employee Stock Purchase Plan, 9,436 shares of Common Stock were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on December 1, 2023.

Content

Includes: (a) 306,997 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) 58,685 RSUs granted on March 27, 2023, which will vest quarterly at a rate of 6.25% beginning September 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. In accordance with the Employee Stock Purchase Plan, 9,436 shares of Common Stock were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on December 1, 2023.