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

Role: President and COO, BlackBerry
Signature: /s/ Fraser Deziel, Attorney-in-Fact for Tom Eacobacci
Stock symbol: BB
Transactions as of: Jul 23, 2021
Transactions value $: -$1,106,540
Form type: 4
Date filed: 7/27/2021, 04:51 PM
Next filing: Oct 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BB	Common Shares	Options Exercise		+281K			281K	Jul 23, 2021	Direct	F1
transaction	BB	Common Shares	Sale	-$1.11M	-110K	-39.1%	$10.06	171K	Jul 23, 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		-281K	-33.33%		563K	Jul 23, 2021	Common Shares	281K		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.