John Markovich - Jul 22, 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Signature
/s/ John Markovich
Stock symbol
QBTS
Transactions as of
Jul 22, 2024
Transactions value $
-$3,552
Form type
4
Date filed
7/26/2024, 05:51 PM
Previous filing
Mar 29, 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 -$3.55K -3.48K -0.3% $1.02 1.16M Jul 22, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 725,000 shares of unvested restricted stock units: (i) 437,500 RSUs granted on October 27, 2022 and vesting as follows: 218,750 on October 27, 2024 and October 27, 2025, (ii) 137,500 RSUs granted on March 27, 2023, which will vest quarterly at a rate of 6.25% beginning September 27, 2024, and (iii) 150,000 RSUs granted on March 27, 2024 and vesting as follows: 37,500 on March 27, 2025 and the remaining 112,500 RSUs will vest quarterly at a rate of 6.25% beginning June 27, 2025.