Emil Michael - 10 Jun 2024 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role: Director
Signature: /s/ John M. Markovich, as Attorney-in-Fact, for Emil Michael
Issuer symbol: QBTS
Transactions as of: 10 Jun 2024
Net transactions value: -$5,586
Form type: 4
Filing time: 12 Jun 2024, 18:13:36 UTC
Previous filing: 07 Jun 2024
Next filing: 14 Jun 2024
SEC: View on sec.gov

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	Warrants	Sale	$5,586	-46,053	-1.9%	$0.1213^*	2,424,648	10 Jun 2024	Common Stock	66,967	$11.50	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each warrant is exercisable for 1.4541326 common shares.
F2	This transaction was executed in multiple trades at prices ranging from $0.1111 to $0.1325. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of warrants sold at each separate price for all transactions reported on this Form 4.

Content

Each warrant is exercisable for 1.4541326 common shares.

This transaction was executed in multiple trades at prices ranging from $0.1111 to $0.1325. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of warrants sold at each separate price for all transactions reported on this Form 4.

Remarks:

The sales reported in this Form 4 were effected for financial and tax planning purposes.