John M. Markovich - 05 Sep 2025 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Signature
/s/ John M. Markovich
Issuer symbol
QBTS
Transactions as of
05 Sep 2025
Transactions value $
$0
Form type
4
Filing time
09 Sep 2025, 17:24:05 UTC
Previous filing
14 Aug 2025
Next filing
12 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Markovich John M. Chief Financial Officer 2650 EAST BAYSHORE ROAD, PALO ALTO /s/ John M. Markovich 09 Sep 2025 0001453942

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") Options Exercise $37,497 +40,758 +2.6% $0.92 1,599,511 05 Sep 2025 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 -$37,497 -40,758 -4.5% $0.92 857,926 05 Sep 2025 Common Stock, par value $0.0001 per share ("Common Stock") 40,758 $0.92 Direct F2
holding QBTS Stock Option (right to buy) 120,826 05 Sep 2025 Common Stock, par value $0.0001 per share ("Common Stock") 120,826 $0.846 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 812,837 shares of unvested restricted stock units.
F2 This option has fully vested and is exercisable as of the date hereof as to 898,864 shares of Common Stock.
F3 This option has vested and is exercisable as of the grant date as to all 120,826 shares of Common Stock.