D-Wave Quantum Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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Jun 30, 2025 · Filed Aug 7, 2025
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Item 5. Other Information
Securities Trading Plans of Directors and Executive Officers
From time to time, some of the Company’s directors or executive officers may determine that it is advisable to diversify their investments for personal financial planning reasons or may seek liquidity for other reasons and may sell shares of common stock of the Company. To effect such sales, from time to time, some of the Company’s executive officers or directors may enter into trading plans that are designed to comply with the Company’s Amended and Restated Securities Trading Policy and intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act.
During the three months ended June 30, 2025, the following directors of the Company each adopted a "Rule 10b5-1 trading arrangement", as such term is defined under Item 408 of Regulation S-K:
| Name of Director | Date of Adoption | Expiration Date of Trading Arrangement1 | Aggregate Number of Securities to be Sold |
|---|---|---|---|
| Rohit Ghai | June 13, 2025 | June 30, 2026 | Up to 43,518 shares of common stock issuable upon vesting of restricted stock units |
| John DiLullo | June 15, 2025 | December 31, 2026 | Up to 34,050 shares of common stock issuable upon vesting of restricted stock units |
1 The trading arrangement may end earlier if all transactions under the trading arrangement are completed prior to the expiration date.
During the three months ended June 30, 2025, none of the Company's other directors or officers adopted a "Rule 10b5-1 trading arrangement, and none of the Company’s directors or officers modified or terminated a “Rule 10b5-1 trading arrangement” oradopted, modified, orterminated a “non-Rule 10b5-1 trading arrangement”, as such terms are defined under Item 408 of Regulation S-K.
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