4/A: D-Wave Quantum Inc. Executive Corrects Stock Acquisition Report
SEC Form 4/A
Diane Nguyen, General Counsel of D-Wave Quantum Inc., files an amended Form 4/A to correct the number of shares acquired on January 10, 2024, due to an administrative error.
Summary
- Diane Nguyen, General Counsel of D-Wave Quantum Inc., filed an amended Form 4/A on April 23, 2024, to correct a previously reported transaction.
- The amendment addresses an overreporting of shares acquired on January 10, 2024.
- The original filing incorrectly stated the acquisition of 3,566 shares.
- The corrected filing reports the acquisition of 32,785 shares on January 10, 2024, at a price of $0.
- Following the corrected transaction, Nguyen beneficially owns 295,590 shares of Common Stock.
- This total includes 178,672 unvested restricted stock units (RSUs) and 8,162 shares acquired under the Employee Stock Purchase Plan (ESPP).
- The ESPP shares were purchased at 85% of the closing price on November 30, 2023.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it primarily involves correcting an administrative error in a stock acquisition report. There are no indications of significant positive or negative implications for the company.
Negatives
- The initial report contained an error, requiring an amended filing.
Industry Context
This filing is a routine disclosure related to insider trading activity and is specific to D-Wave Quantum Inc.
Key Dates
| Date | Description |
|---|---|
| 01/10/2024 | Date of corrected stock acquisition transaction. |
| 01/16/2024 | Date of original filing that was amended. |
| 03/27/2023 | Date of RSU grant. |
| 10/13/2022 | Date of RSU grant. |
| 11/30/2023 | Date used to determine ESPP share price. |
| 04/23/2024 | Date of amended filing (Form 4/A). |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.