other material
confidence high
sentiment neutral
materiality 0.55
D-Wave Quantum CEO Alan Baratz gets salary increase to $700k and $13.5M RSU grant
D-Wave Quantum Inc.
- Annual base salary increased to $700,000 effective January 1, 2026; may be increased for inflation but not decreased.
- Grant of RSUs valued at $13,488,000 under 2022 Equity Incentive Plan, vesting quarterly over four years starting Jan 1, 2026.
- Third Amendment adds post-CEO consulting period to allow continued RSU vesting if board requests part-time services.
- Amendments approved by Board on recommendation of Compensation Committee in recognition of CEO's commitment.