Emil Michael - 05 Aug 2022 Form 4 Insider Report for DPCM Capital, Inc.

Reporting relationship: Chairman and CEO, Director, 10%+ Owner
Issuer ticker: N/A
Reported as of: 05 Aug 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 09 Aug 2022, 16:31:03 UTC
Next SEC filing: 31 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ Alan I. Annex, Attorney-in-Fact

Key filing fact

Emil Michael filed Form 4 for DPCM Capital, Inc. on 09 Aug 2022.

Key facts

This page summarizes Emil Michael's Form 4 filing for DPCM Capital, Inc..
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 09 Aug 2022, 16:31.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

XPOA transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +7,252,500
Change %
Price
Shares after: 7,252,500
Date: 05 Aug 2022
Ownership: See Footnotes
Footnotes: F1, F2, F4

XPOA transaction

Class A Common Stock

Other

Transaction value
Shares: -7,252,500
Change %: -100%
Price
Shares after: 0
Date: 05 Aug 2022
Ownership: See Footnotes
Footnotes: F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

XPOA transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -7,252,500
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 05 Aug 2022
Ownership: See Footnotes
Underlying class: Class A Common Stock
Underlying amount: 7,252,500
Exercise price
Footnotes: F1, F2, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

As describd in the DPCM Capital, Inc.'s registration statement on Form S-1 (File No. 333-249274) under the heading "Description of Securities," the Class B Common Stock of the issuer automatically converts into Class A Common Stock of the issuer ("Class A Common Stock") at the time of the issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.

Footnote F2

(Continued from Footnote 1) On August 5, 2022, the issuer consummated its initial business combination (the "Business Combination") with D-Wave Quantum, Inc. ("Newco"), a Delaware corporation. In connection with the Business Combination, each share of Class B Common Stock converted into Class A Common Stock.

Footnote F3

In connection with the Business Combination, the Reporting Person exchanged its shares of Class A Common Stock for 7,252,500 fully paid and non-assessable shares of common stock, par value U.S. $0.0001 per share of Newco.

Footnote F4

The shares are held directly by CDPM Sponsor Group, LLC (the "Sponsor") and indirectly by Emil Michael as a manager of the Sponsor. Certain of the Issuer's other directors and officers hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Mr. Michael and such other directors and officers disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein.