Steven West - 05 Jun 2025 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role
Director
Signature
/s/ John M Markovich as Attorney-in-Fact, for Steven M. West
Issuer symbol
QBTS
Transactions as of
05 Jun 2025
Transactions value $
$0
Form type
4
Filing time
12 Jun 2025, 20:47:30 UTC
Previous filing
23 May 2025
Next filing
20 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WEST STEVEN M Director 3033 BETA AVENUE, BURNABY, BRITISH COLUMBIA, CANADA /s/ John M Markovich as Attorney-in-Fact, for Steven M. West 12 Jun 2025 0001198055

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 ("Common Stock") Award $0 +21.7K +9.18% $0.00 258K 05 Jun 2025 Direct F1
holding QBTS Common Stock, par value $0.0001 per share ("Common Stock") 24.7K 05 Jun 2025 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 21,696 restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer. 7,436 of the RSUs were granted in lieu of the reporting person's annual cash retainer and will vest in four, equal quarterly installments beginning on July 1, 2025. 14,260 of the RSUs granted were part of the reporting person's annual RSU equity grant and will vest on May 31, 2026, subject to the reporting person's continued service to the Issuer.
F2 Emerging Company Partners LLC is the record holder of such securities. The reporting person controls this entity.