Thomas Eacobacci - 23 Jul 2021 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Signature
/s/ Fraser Deziel, Attorney-in-Fact for Tom Eacobacci
Issuer symbol
BB
Transactions as of
23 Jul 2021
Net transactions value
-$1,106,540
Form type
4
Filing time
27 Jul 2021, 16:51:32 UTC
Next filing
07 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BB Common Shares Options Exercise +281,294 281,294 23 Jul 2021 Direct F1
transaction BB Common Shares Sale $1,106,540 -109,994 -39% $10.06 171,300 23 Jul 2021 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BB Restricted Share Units Options Exercise -281,294 -33% 562,587 23 Jul 2021 Common Shares 281,294 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit represents a contingent right to receive one common share or an equivalent amount of cash, or a combination of the two, at the discretion of BlackBerry Limited.
F2 Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.97 to $10.25, exclusive of any fees, commissions or other expenses. The Reporting Person undertakes to provide BlackBerry, any shareholder of BlackBerry, or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 This award was granted on July 23, 2020 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments ending July 23, 2023.