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

Reporting relationship: Director
Issuer ticker: BB
Reported as of: 28 Oct 2023
Net transaction value: -$1,050,204
SEC form: 4
Accepted by SEC: 31 Oct 2023, 16:30:52 UTC
Prior SEC filing: 24 Oct 2023
Source filing: View source filing
Reporting owner signature: /s/ Fraser Deziel, Attorney-in-Fact for Timothy Dattels

Key filing fact

Timothy D. Dattels filed Form 4 for BLACKBERRY Ltd (BB) on 31 Oct 2023.

Key facts

This page summarizes Timothy D. Dattels's Form 4 filing for BLACKBERRY Ltd (BB).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 31 Oct 2023, 16:30.

Change

Previous filing in this sequence was filed on 24 Oct 2023.
Current net transaction value: -$1,050,204.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BB transaction Derivative

Deferred Share Unit

Sale

Transaction value: $1,050,204
Shares: -306,182
Change %: -100%
Price: $3.43
Shares after: 0
Date: 28 Oct 2023
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 306,182
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote 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.