Key facts
- This page summarizes Emil Michael's Form 4 filing for D-Wave Quantum Inc. (QBTS).
- 5 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 07 Jun 2024, 21:12.
Emil Michael - 05 Jun 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)
- Reporting relationship
- Director
- Issuer ticker
- QBTS
- Reported as of
- 05 Jun 2024
- Net transaction value
- -$19,307
- SEC form
- 4
- Accepted by SEC
- 07 Jun 2024, 21:12:43 UTC
- Prior SEC filing
- 04 Jun 2024
- Next SEC filing
- 12 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ John M. Markovich, as Attorney-in-Fact, for Emil Michael
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Emil Michael filed Form 4 for D-Wave Quantum Inc. (QBTS) on 07 Jun 2024.
Change
- Previous filing in this sequence was filed on 04 Jun 2024.
- Current net transaction value: -$19,307.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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")
Award
- Transaction value
- $0
- Shares
- +106,626
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 993,674
- Date
- 06 Jun 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
QBTS
transaction
Derivative
Warrants
Sale
- Transaction value
- $5,914
- Shares
- -41,216
- Change %
- -1.6%
- Price
- $0.1435*
- Shares after
- 2,567,228
- Date
- 05 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 59,933
- Exercise price
- $11.50
- Footnotes
- F3, F4
QBTS
transaction
Derivative
Warrants
Sale
- Transaction value
- $10,887
- Shares
- -78,552
- Change %
- -3.1%
- Price
- $0.1386*
- Shares after
- 2,488,676
- Date
- 06 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 114,225
- Exercise price
- $11.50
- Footnotes
- F3, F5
QBTS
transaction
Derivative
Warrants
Sale
- Transaction value
- $328
- Shares
- -2,310
- Change %
- -0.09%
- Price
- $0.1421*
- Shares after
- 2,486,366
- Date
- 06 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,359
- Exercise price
- $11.50
- Footnotes
- F3, F6
QBTS
transaction
Derivative
Warrants
Sale
- Transaction value
- $2,177
- Shares
- -15,665
- Change %
- -0.63%
- Price
- $0.1390*
- Shares after
- 2,470,701
- Date
- 07 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 22,778
- Exercise price
- $11.50
- Footnotes
- F3, 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
Represents 106,626 restricted stock units, each restricted stock unit representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2025, subject to the reporting person's continued service to the Issuer.
Footnote F2
Reflects a decrease of 90 shares of Common Stock to correct for an inadvertent error in the Column 4 amount reflected in connection with a previously reported transaction.
Footnote F3
Each warrant is exercisable for 1.4541326 common shares.
Footnote F4
This transaction was executed in multiple trades at prices ranging from $0.14 to $0.15875. 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 warrants sold at each separate price for all transactions reported on this Form 4.
Footnote F5
This transaction was executed in multiple trades at prices ranging from $0.1350 to $0.1750. 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 warrants 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 $0.15. 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 warrants 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 $0.135 to $0.1444. 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 warrants sold at each separate price for all transactions reported on this Form 4.
SEC remarks
As previously disclosed, on May 31, 2024, June 3, 2024 and June 4, 2024, the reporting person sold an aggregate of 100,450 warrants exercisable for 146,066 shares of Common Stock. The Form 4 filed on June 4, 2024 reporting these sales included a clerical error in the number of shares of common stock underlying the warrants sold on such dates.