Mattias Eriksson - Jun 28, 2024 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Role
President of IoT
Signature
/s/ Fraser Deziel, Attorney-in-fact for Mattias Eriksson
Stock symbol
BB
Transactions as of
Jun 28, 2024
Transactions value $
-$128,745
Form type
4
Date filed
7/2/2024, 04:25 PM
Previous filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BB Common Shares Options Exercise +39.1K +39.51% 138K Jun 28, 2024 Direct F1
transaction BB Common Shares Options Exercise +129K +93.58% 267K Jun 28, 2024 Direct F1
transaction BB Common Shares Sale -$29.9K -12.2K -4.58% $2.45 255K Jun 28, 2024 Direct F2, F3
transaction BB Common Shares Sale -$98.8K -40.3K -15.83% $2.45 214K Jun 28, 2024 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 -39.1K -100% 0 Jun 28, 2024 Common Shares 39.1K Direct F1, F4
transaction BB Performance-Based Restricted Share Units Options Exercise -129K -95.93% 5.48K Jun 28, 2024 Common Shares 129K 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.41 to $2.47, 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 June 28, 2021 and, assuming continued employment through the applicable vest date, vests in three equal annual instalments ending June 28, 2024.
F5 Reflects an amount of Performance-Based Restricted Share Units ("RSUs") determined in accordance with satisfaction of performance conditions. 129,069 RSUs vested on June 28, 2024 and 5,479 RSUs will vest on January 3, 2025 if the reporting person is employed by BlackBerry Limited as of those dates.