Nita White IVy - Sep 25, 2021 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Role: Chief Human Resources Officer
Signature: /s/ Fraser Deziel, Attorney-in-Fact for Nita White-Ivy
Stock symbol: BB
Transactions as of: Sep 25, 2021
Transactions value $: -$81,013
Form type: 4
Date filed: 9/28/2021, 04:34 PM
Next filing: Oct 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BB	Common Shares	Options Exercise		+15K	+6.82%		234K	Sep 25, 2021	Direct	F1
transaction	BB	Common Shares	Sale	-$81K	-8.03K	-3.42%	$10.09	226K	Sep 25, 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		-15K	-50%		15K	Sep 25, 2021	Common Shares	15K		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 $9.96 to $10.20, 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 September 25, 2019 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments ending September 25, 2022.