West Steven M's Form 4 filing
D-Wave Quantum Inc. (QBTS) · filed May 23, 2025
- Accession no.
- 0001907982-25-000109
- Filed
- May 23, 2025
- Trade date
- May 21, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $5.15M. 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 |
|---|---|
| West Steven MCIK 0001198055 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 21, 2025 | Common Stock, par value $0.0001 per share ("Common Stock") | MOption exerciseAcquired | +88,965 | $0.92 | +$81,847.8 | 325,287 | Direct | |
| May 21, 2025 | Common Stock, par value $0.0001 per share ("Common Stock") | MOption exerciseAcquired | +223,008 | $0.91 | +$202,937.28 | 548,295 | Direct | |
| May 21, 2025 | Common Stock, par value $0.0001 per share ("Common Stock") | SSaleDisposed | −311,973 | $16.50F1 | −$5,147,554.5 | 236,322 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 21, 2025 | Common Stock, par value $0.0001 per share ("Common Stock") | MOption exerciseDisposed | −88,965 | $0.92 | −$81,847.8 | 0 | Direct | |
| May 21, 2025 | Common Stock, par value $0.0001 per share ("Common Stock") | MOption exerciseDisposed | −223,008 | $0.91 | −$202,937.28 | 0 | 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 sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $16.315 to $16.645, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
Referenced by the price of 1 transaction in Table I.