Emil Michael - 31 May 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Jun 2024, 19:56:35 UTC
Prior SEC filing
11 Sep 2023
Next SEC filing
07 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John M. Markovich, as Attorney-in-Fact, for Emil Michael

Key filing fact

Emil Michael filed Form 4 for D-Wave Quantum Inc. (QBTS) on 04 Jun 2024.

Key facts

  • This page summarizes Emil Michael's Form 4 filing for D-Wave Quantum Inc. (QBTS).
  • 6 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 04 Jun 2024, 19:56.

Change

  • Previous filing in this sequence was filed on 11 Sep 2023.
  • Current net transaction value: -$160,214.

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 ("Common Stock")

Sale

Transaction value
$47,379
Shares
-36,353
Change %
-3.6%
Price
$1.30
Shares after
962,723
Date
31 May 2024
Ownership
Direct
Footnotes
F1
QBTS transaction

Common Stock

Sale

Transaction value
$34,761
Shares
-25,675
Change %
-2.7%
Price
$1.35
Shares after
937,048
Date
03 Jun 2024
Ownership
Direct
Footnotes
F2
QBTS transaction

Common Stock

Sale

Transaction value
$62,887
Shares
-49,910
Change %
-5.3%
Price
$1.26
Shares after
887,138
Date
04 Jun 2024
Ownership
Direct
Footnotes
F3

Reported derivative securities

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

QBTS transaction Derivative

Warrants

Sale

Transaction value
$1,443
Shares
-8,411
Change %
-0.31%
Price
$0.1716*
Shares after
2,700,483
Date
31 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,411
Exercise price
$11.50
Footnotes
F4, F5
QBTS transaction Derivative

Warrants

Sale

Transaction value
$8,577
Shares
-55,983
Change %
-2.1%
Price
$0.1532*
Shares after
2,644,500
Date
03 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
55,983
Exercise price
$11.50
Footnotes
F4, F6
QBTS transaction Derivative

Warrants

Sale

Transaction value
$5,167
Shares
-36,056
Change %
-1.4%
Price
$0.1433*
Shares after
2,608,444
Date
04 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,056
Exercise price
$11.50
Footnotes
F4, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

This transaction was executed in multiple trades at prices ranging from $1.30 to $1.31. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $1.35 to $1.365. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $1.25 to $1.285. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

Footnote F4

Each warrant is exercisable for 1.4541326 common shares.

Footnote F5

This transaction was executed in multiple trades at prices ranging from $0.17 to $0.1788. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

Footnote F6

This transaction was executed in multiple trades at prices ranging from $0.14 to $0.175. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

Footnote F7

This transaction was executed in multiple trades at prices ranging from $0.14 to $0.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

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