Timothy Dattels - Oct 28, 2023 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Role: Director
Signature: /s/ Fraser Deziel, Attorney-in-Fact for Timothy Dattels
Stock symbol: BB
Transactions as of: Oct 28, 2023
Transactions value $: -$1,050,204
Form type: 4
Date filed: 10/31/2023, 04:30 PM
Previous filing: Oct 24, 2023

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	Deferred Share Unit	Sale	-$1.05M	-306K	-100%	$3.43	0	Oct 28, 2023	Common Shares	306K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Deferred Share Unit ("DSU") is the economic equivalent of one common share. The DSUs become payable, in cash or common shares or a combination of the two, at the discretion of BlackBerry Limited ("BlackBerry") following cessation of the reporting person's service as a director of BlackBerry. The DSUs were redeemed for cash on October 28th following cessation of the reporting person's service as a director of BlackBerry on September 28th.
F2	The DSUs disposed of were redeemed for cash in accordance with the BlackBerry Deferred Share Unit Plan based on the weighted average closing price of BlackBerry's share price for the five consecutive trading days prior to the redemption date on October 28th.

Content

Each Deferred Share Unit ("DSU") is the economic equivalent of one common share. The DSUs become payable, in cash or common shares or a combination of the two, at the discretion of BlackBerry Limited ("BlackBerry") following cessation of the reporting person's service as a director of BlackBerry. The DSUs were redeemed for cash on October 28th following cessation of the reporting person's service as a director of BlackBerry on September 28th.

The DSUs disposed of were redeemed for cash in accordance with the BlackBerry Deferred Share Unit Plan based on the weighted average closing price of BlackBerry's share price for the five consecutive trading days prior to the redemption date on October 28th.