Philip S. Kurtz - Dec 21, 2022 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Role
CLO & Corp. Secretary
Signature
/s/ Fraser Deziel, Attorney-in-Fact for Phil Kurtz
Stock symbol
BB
Transactions as of
Dec 21, 2022
Transactions value $
-$3,500
Form type
4
Date filed
12/22/2022, 06:58 PM
Previous filing
Sep 29, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BB Common Shares Options Exercise +1.76K +45.41% 5.63K Dec 21, 2022 Direct F1
transaction BB Common Shares Sale -$3.5K -1K -17.82% $3.49 4.63K Dec 21, 2022 Direct F2, F3, F4

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 -1.76K -50% 1.76K Dec 21, 2022 Common Shares 1.76K Direct F1, F5
* 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 was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.39 to $3.65, 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.
F5 This award was granted on December 21, 2020 and, assuming continued employment through the applicable vesting date, the remaining award vests in two equal annual instalments on December 21, 2022 and December 21, 2023.