Michael Emil's Form 4 filing
D-Wave Quantum Inc. (QBTS) · filed Jun 7, 2024
- Accession no.
- 0001140361-24-029348
- Filed
- Jun 7, 2024, 9:12 PM ET
- Trade date
- Jun 5-7, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction and 4 derivative transactions. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Michael EmilCIK 0001828144 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 6, 2024 | Common Stock, par value $0.0001 per share ("Common Stock") | AGrant or awardAcquired | +106,626 | $0.00 | $0 | 993,674 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 5, 2024 | Common Stock | SSaleDisposed | −59,933 | $0.1435F4 | −$5,914.5 | 2,567,228 | Direct | |
| Jun 6, 2024 | Common Stock | SSaleDisposed | −114,225 | $0.1386F5 | −$10,887.31 | 2,488,676 | Direct | |
| Jun 6, 2024 | Common Stock | SSaleDisposed | −3,359 | $0.1421F6 | −$328.25 | 2,486,366 | Direct | |
| Jun 7, 2024 | Common Stock | SSaleDisposed | −22,778 | $0.139F7 | −$2,177.44 | 2,470,701 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F4
This transaction was executed in multiple trades at prices ranging from $0.14 to $0.15875. 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.
Referenced by the price of 1 transaction in Table II.
- F5
This transaction was executed in multiple trades at prices ranging from $0.1350 to $0.1750. 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.
Referenced by the price of 1 transaction in Table II.
- F6
This transaction was executed in multiple trades at prices ranging from $0.14 to $0.15. 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.
Referenced by the price of 1 transaction in Table II.
- F7
This transaction was executed in multiple trades at prices ranging from $0.135 to $0.1444. 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.
Referenced by the price of 1 transaction in Table II.
Remarks
As previously disclosed, on May 31, 2024, June 3, 2024 and June 4, 2024, the reporting person sold an aggregate of 100,450 warrants exercisable for 146,066 shares of Common Stock. The Form 4 filed on June 4, 2024 reporting these sales included a clerical error in the number of shares of common stock underlying the warrants sold on such dates.