Filing Details
- Accession Number:
- 0001907982-25-000110
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-23 17:28:26
- Reporting Period:
- 2025-05-21
- Filing Date:
- 2025-05-23
- Accepted Time:
- 2025-05-23 17:28:26
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1907982 | D-Wave Quantum Inc. | QBTS | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1453942 | M. John Markovich | 2650 East Bayshore Road Palo Alto CA 94303 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Acquisiton | 2025-05-21 | 502,702 | $0.92 | 1,977,944 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Disposition | 2025-05-21 | 200,000 | $16.85 | 1,777,944 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Disposition | 2025-05-21 | 200,000 | $17.75 | 1,577,944 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Stock Option (right to buy) | Disposition | 2025-05-21 | 502,702 | $0.92 | 502,702 | $0.92 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 998,684 | 2031-08-20 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Stock Option (right to buy) | $0.85 | 2034-01-10 | 120,826 | 120,826 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2034-01-10 | 120,826 | 120,826 | Direct |
Footnotes
- Includes 861,610 shares of unvested restricted stock units.
- The sales reported in this Form 4 were effected for financial and tax planning purposes.
- The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $16.70 to $17.00, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
- The option has vested and is exercisable as of the date hereof as to 1,407,555 shares of Common Stock and the remaining portion of the option vests in equal monthly installments on the 20th of each month through August 20, 2025 as to 93,831 shares of Common Stock.
- This option has vested and is exercisable as of the grant date as to all 120,826 shares of Common Stock.
Billionaire Hedge Funds
