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

Role: President of IoT
Signature: /s/ Fraser Deziel, Attorney-in-fact for Mattias Eriksson
Issuer symbol: BB
Transactions as of: 28 Jun 2024
Net transactions value: -$128,745
Form type: 4
Filing time: 02 Jul 2024, 16:25:58 UTC
Previous filing: 09 Jan 2024
Next filing: 06 Jan 2025
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		+39,062	+40%		137,920	28 Jun 2024	Direct	F1
transaction	BB	Common Shares	Options Exercise		+129,069	+94%		266,989	28 Jun 2024	Direct	F1
transaction	BB	Common Shares	Sale	$29,927	-12,215	-4.6%	$2.45	254,774	28 Jun 2024	Direct	F2, F3
transaction	BB	Common Shares	Sale	$98,818	-40,334	-16%	$2.45	214,440	28 Jun 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		-39,062	-100%		0	28 Jun 2024	Common Shares	39,062		Direct	F1, F4
transaction	BB	Performance-Based Restricted Share Units	Options Exercise		-129,069	-96%		5,479	28 Jun 2024	Common Shares	129,069		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.