Victoria Brydon - 09 Jun 2023 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Reporting relationship: Chief People Officer
Issuer ticker: QBTS
Reported as of: 09 Jun 2023
Net transaction value: -$22,200
SEC form: 4
Accepted by SEC: 13 Jun 2023, 21:22:23 UTC
Prior SEC filing: 29 Mar 2023
Next SEC filing: 01 Nov 2023
Source filing: View source filing
Reporting owner signature: /s/ Victoria Brydon

Key filing fact

Victoria Brydon filed Form 4 for D-Wave Quantum Inc. (QBTS) on 13 Jun 2023.

Key facts

This page summarizes Victoria Brydon's Form 4 filing for D-Wave Quantum Inc. (QBTS).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 13 Jun 2023, 21:22.

Change

Previous filing in this sequence was filed on 29 Mar 2023.
Current net transaction value: -$22,200.

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.

QBTS transaction

Common Stock, par value $0.0001 per share

Options Exercise

Transaction value: $13,650
Shares: +15,000
Change %: +4.5%
Price: $0.9100
Shares after: 347,800
Date: 09 Jun 2023
Ownership: Direct
Footnotes: F1

QBTS transaction

Common Stock, par value $0.0001 per share

Sale

Transaction value: $35,850
Shares: -15,000
Change %: -4.3%
Price: $2.39
Shares after: 332,800
Date: 09 Jun 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

QBTS transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -15,000
Change %: -5.6%
Price: $0.000000
Shares after: 250,595
Date: 09 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,000
Exercise price: $0.9100
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The amount includes 332,800 shares of unvested restricted stock units.

Footnote F2

The original 265,595 options vest as follows: (1) 219,082 were exercisable as August 10, 2022 and (2) the remaining 46,513 began vesting in equal monthly instalments on the 5th of each month through May 5, 2024.

SEC remarks

Chief People Officer