Public Sector Pension Investment Board's Form 4 filing
D-Wave Quantum Inc. (QBTS) · filed Jan 14, 2025
- Accession no.
- 0001396318-25-000004
- Filed
- Jan 14, 2025
- Trade date
- Jan 10-14, 2025
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions. Open-market sales total $90.1M. It was filed 4 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 |
|---|---|
| Public Sector Pension Investment BoardCIK 0001396318 | 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| Jan 10, 2025 | Common Stock | SSaleDisposed | −2,778,564 | $6.14F1,F2 | −$17,060,382.96 | 37,278,688 | Direct | |
| Jan 13, 2025 | Common Stock | SSaleDisposed | −898,580 | $4.77F1,F3 | −$4,286,226.6 | 36,380,108 | Direct | |
| Jan 13, 2025 | Common Stock | SSaleDisposed | −6,380,108 | $3.97F1,F4 | −$25,329,028.76 | 30,000,000 | Direct | |
| Jan 14, 2025 | Common Stock | SSaleDisposed | −9,500,000 | $4.51F1,F5 | −$42,845,000 | 20,500,000 | Direct | |
| Jan 14, 2025 | Common Stock | SSaleDisposed | −115,306 | $5.08F1,F6 | −$585,754.48 | 20,384,694 | 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.
- F1
The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
Referenced by the price of 5 transactions in Table I.
- F2
Sales prices range from $5.77 to $6.72 per share, inclusive.
Referenced by the price of 1 transaction in Table I.
- F3
Sales prices range from $4.50 to $4.94 per share, inclusive.
Referenced by the price of 1 transaction in Table I.
- F4
Sales prices range from $3.75 to $4.36 per share, inclusive.
Referenced by the price of 1 transaction in Table I.
- F5
Sales prices range from $4.01 to $4.86 per share, inclusive.
Referenced by the price of 1 transaction in Table I.
- F6
Sales prices range from $5.05 to $5.12 per share, inclusive.
Referenced by the price of 1 transaction in Table I.