Nita White IVy - Jan 3, 2023 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Signature
/s/ Fraser Deziel, Attorney-in-Fact for Nita White-Ivy
Stock symbol
BB
Transactions as of
Jan 3, 2023
Transactions value $
-$12,654
Form type
4
Date filed
1/5/2023, 04:16 PM
Previous filing
Dec 22, 2022
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BB Common Shares Options Exercise +6.23K +2.53% 252K Jan 3, 2023 Direct F1
transaction BB Common Shares Sale -$12.7K -3.7K -1.47% $3.42 248K Jan 3, 2023 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 -6.23K -33.34% 12.5K Jan 3, 2023 Common Shares 6.23K 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 $3.33 to $3.45, 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 February 1, 2022 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments on January 3, 2023, January 3, 2024 and January 3, 2025.