Filing Details
- Accession Number:
- 0001907982-25-000115
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-28 20:56:09
- Reporting Period:
- 2025-05-23
- Filing Date:
- 2025-05-28
- Accepted Time:
- 2025-05-28 20:56:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1907982 | D-Wave Quantum Inc. | QBTS | Services-Computer Processing & Data Preparation (7374) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1974777 | Diane Nguyen | 2650 East Bayshore Road Palo Alto CA 94303 | General Counsel | 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 | 2025-05-23 | 58,255 | $0.85 | 592,919 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Acquisiton | 2025-05-23 | 15,419 | $2.10 | 608,338 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Acquisiton | 2025-05-23 | 51,155 | $0.92 | 659,493 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Acquisiton | 2025-05-23 | 16,592 | $0.91 | 676,085 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Disposition | 2025-05-23 | 2,596 | $18.98 | 673,489 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Disposition | 2025-05-23 | 83,166 | $18.77 | 590,323 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| 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 | 2025-05-23 | 58,255 | $0.85 | 58,255 | $0.85 |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Stock Option (right to buy) | Disposition | 2025-05-23 | 15,419 | $2.10 | 15,419 | $2.10 |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Stock Option (right to buy) | Disposition | 2025-05-23 | 51,155 | $0.92 | 51,155 | $0.92 |
| Common Stock, Par Value $0.0001 Per Share ("Common Stock") | Stock Option (right to buy) | Disposition | 2025-05-23 | 16,592 | $0.91 | 16,592 | $0.91 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2034-01-10 | No | 4 | M | Direct | |
| 84,581 | 2034-03-27 | No | 4 | M | Direct | |
| 2,224 | 2031-08-20 | No | 4 | M | Direct | |
| 27,668 | 2030-05-05 | 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) | $0.91 | 2030-11-17 | 9,118 | 9,118 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2030-11-17 | 9,118 | 9,118 | Direct |
Footnotes
- Includes 301,057 shares of unvested restricted stock units.
- Represents shares of Common Stock sold by the Reporting Person in connection with the exercise of 58,255 stock options.
- The sales price reported is the weighted average sale price for the number of shares sold to cover the cashless exercise of stock options. These shares were sold in multiple transactions at prices ranging from $18.94 to $19.065, 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 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 $18.72 to $18.8199, inclusive. Fullinformation 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.
- This option has vested and is exercisable as of the date hereof.
- The option has vested and is exercisable as of the date hereof as to 50,000 shares of Common Stock and the remaining portion of the option vests in equal monthly installments on the 1st of each month through May 1, 2027 as to 50,000 shares of Common Stock.
- The option has vested and is exercisable as of the date hereof as to 51,155 shares of Common Stock and the remaining portion of the option vests in equal monthly installments on the 16th of each month through July 16, 2025 as to 2,224 shares of Common Stock.
Billionaire Hedge Funds
