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

Role: Chief People Officer
Signature: /s/ Victoria Brydon
Issuer symbol: QBTS
Transactions as of: 09 Jun 2023
Net transactions value: -$22,200
Form type: 4
Filing time: 13 Jun 2023, 21:22:23 UTC
Previous filing: 29 Mar 2023
Next filing: 01 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QBTS	Common Stock, par value $0.0001 per share	Options Exercise	$13,650	+15,000	+4.5%	$0.9100	347,800	09 Jun 2023	Direct	F1
transaction	QBTS	Common Stock, par value $0.0001 per share	Sale	$35,850	-15,000	-4.3%	$2.39	332,800	09 Jun 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	QBTS	Stock Option (Right to Buy)	Options Exercise	$0	-15,000	-5.6%	$0.000000	250,595	09 Jun 2023	Common Stock	15,000	$0.9100	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The amount includes 332,800 shares of unvested restricted stock units.
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.

Remarks:

Chief People Officer