Steve Rai - 21 Dec 2023 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Role
Chief Financial Officer
Signature
/s/ Fraser Deziel, Attorney-in-Fact for Steve Rai
Issuer symbol
BB
Transactions as of
21 Dec 2023
Net transactions value
-$45,016
Form type
4
Filing time
22 Dec 2023, 16:28:54 UTC
Previous filing
17 Apr 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BB Common Shares Options Exercise +11,720 +24% 60,375 21 Dec 2023 Direct F1
transaction BB Common Shares Sale $23,692 -6,655 -11% $3.56 53,720 21 Dec 2023 Direct F2, F3, F4
transaction BB Common Shares Options Exercise +10,549 +20% 64,269 21 Dec 2023 Direct F1
transaction BB Common Shares Sale $21,324 -5,990 -8.6% $3.56 63,783 21 Dec 2023 Direct F2, F3, F4, F5, F6

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 -11,720 -100% 0 21 Dec 2023 Common Shares 11,720 Direct F1, F7
transaction BB Performance-Based Restricted Share Units Options Exercise -10,549 -100% 0 21 Dec 2023 Common Shares 10,549 Direct F1, F8
* 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 $3.54 to $3.57, 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 Includes 3,851 shares acquired under the Company's Employee Stock Purchase Plan on March 31, 2023.
F6 Includes 1,653 shares acquired under the Company's Employee Stock Purchase Plan on September 30, 2023.
F7 The RSUs fully vested on December 21, 2023.
F8 The Performance-Based RSUs fully vested on December 21, 2023.