Philip S. Kurtz - Sep 28, 2024 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Role: CLO & Corp. Secretary
Signature: /s/ Fraser Deziel, Attorney-in-Fact for Phil Kurtz
Stock symbol: BB
Transactions as of: Sep 28, 2024
Transactions value $: -$37,963
Form type: 4
Date filed: 9/30/2024, 05:03 PM
Previous filing: Apr 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BB	Common Shares	Options Exercise		+26.7K	+145.11%		45.1K	Sep 28, 2024	Direct	F1
transaction	BB	Common Shares	Sale	-$38K	-15K	-33.25%	$2.53	30.1K	Sep 28, 2024	Direct	F2, F3, F4

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		-26.7K	-50%		26.7K	Sep 28, 2024	Common Shares	26.7K		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 $2.53 to $2.54, 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	The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
F5	This award was granted on September, 28, 2022, and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments ending September 28, 2025.