ALAN E. BARATZ - 01 May 2025 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role: President & CEO, Director
Signature: /s/ Alan Baratz
Issuer symbol: QBTS
Transactions as of: 01 May 2025
Net transactions value: $0
Form type: 4
Filing time: 05 May 2025, 20:04:58 UTC
Previous filing: 24 Apr 2025
Next filing: 22 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BARATZ ALAN E	President & CEO, Director	2650 EAST BAYSHORE ROAD, PALO ALTO	/s/ Alan Baratz	05 May 2025	0001098231

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")	Award	$0	+580,117	+25%	$0.000000	2,885,435	01 May 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 580,117 restricted stock units (the "May RSU Grant"), each restricted stock unit representing the right to receive one share of Common Stock of the Issuer, that vest in equal quarterly installments beginning on January 1, 2025 and ending on December 31, 2027, subject to the reporting person's continued service to the Issuer.
F2	Includes 1,281,774 shares of unvested restricted stock units. The vested shares from the May RSU Grant have not yet been delivered.