QBTS.NYSED-wave Quantum INC
Form 4: D-Wave Quantum CFO John Markovich Reports Stock Disposal
Sentiment:
SEC Form 4 Filing
John M. Markovich, CFO of D-Wave Quantum Inc., reported the disposal of 3,482 shares of common stock on July 22, 2024.
Summary
- On July 22, 2024, John M. Markovich, the Chief Financial Officer of D-Wave Quantum Inc., disposed of 3,482 shares of common stock.
- The transaction was executed at a price of $1.02 per share.
- Following the transaction, Markovich directly owns 1,159,261 shares of D-Wave Quantum Inc.
- This includes 725,000 unvested restricted stock units (RSUs) granted on various dates with different vesting schedules.
Sentiment
Score: 5
Explanation: This is a neutral report of a transaction. It doesn't inherently indicate positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| October 27, 2022 | Date of grant for 437,500 RSUs, vesting on October 27, 2024 and October 27, 2025. |
| March 27, 2023 | Date of grant for 137,500 RSUs, vesting quarterly at a rate of 6.25% beginning September 27, 2024. |
| March 27, 2024 | Date of grant for 150,000 RSUs, vesting 37,500 on March 27, 2025 and the remaining 112,500 RSUs vesting quarterly at a rate of 6.25% beginning June 27, 2025. |
| July 22, 2024 | Date of the transaction where 3,482 shares of common stock were disposed of. |
| July 26, 2024 | Date of signature for the Form 4 filing. |
| September 27, 2024 | First quarterly vesting date for 137,500 RSUs granted on March 27, 2023. |
| October 27, 2024 | Vesting date for 218,750 RSUs granted on October 27, 2022. |
| March 27, 2025 | Vesting date for 37,500 RSUs granted on March 27, 2024. |
| June 27, 2025 | First quarterly vesting date for the remaining 112,500 RSUs granted on March 27, 2024. |
| October 27, 2025 | Vesting date for 218,750 RSUs granted on October 27, 2022. |
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