Marjorie Dickman - Apr 2, 2023 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Role
Chief Gv Aff & Pub Pol Officer
Signature
/s/ Fraser Deziel, Attorney-in-Fact for Marjorie Dickman.
Stock symbol
BB
Transactions as of
Apr 2, 2023
Transactions value $
-$130,737
Form type
4
Date filed
4/4/2023, 05:50 PM
Previous filing
Jan 10, 2023
Next filing
Apr 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BB Common Shares Options Exercise +41.8K +610.61% 48.6K Apr 2, 2023 Direct F1
transaction BB Common Shares Sale -$61.4K -13.3K -27.28% $4.63 35.4K Apr 3, 2023 Direct F2, F3
transaction BB Common Shares Options Exercise +46.4K +131.29% 81.8K Apr 2, 2023 Direct F1
transaction BB Common Shares Sale -$69.3K -15K -18.3% $4.63 66.8K Apr 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 Performance-Based Restricted Share Units Options Exercise -41.8K -89.8% 4.75K Apr 2, 2023 Common Shares 41.8K Direct F1, F4
transaction BB Restricted Share Units Options Exercise -46.4K -100% 0 Apr 2, 2023 Common Shares 46.4K 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 ("BlackBerry").
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 $4.58 to $4.65, 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.
F4 Reflects an amount of Performance-Based Restricted Share Units ("PBRSUs") determined in accordance with satisfaction of performance conditions. 41,796 PBRSUs vested on April 2, 2023 and 4,747 PBRSUs will vest on December 21, 2023 if the reporting person is employed by BlackBerry Limited as of those dates.
F5 The RSUs fully vested on April 2, 2023.