Form 4 for BB BLACKBERRY Ltd
Accepted 2022-11-07 00:00:00 ET · period of report 2022-11-03 · accession 0001070235-22-000151 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-07 | 2022-11-03 | BB | CHEN JOHN S | CEO, Executive COB, Dir | M - OptEx | — | +1.00M | 7.00M | +17% | — |
| D | 2022-11-07 | 2022-11-03 | BB | CHEN JOHN S | CEO, Executive COB, Dir | S - Sale+OE | $4.28 | -554.6K | 6.45M | -8% | -$2.37M |
| D | 2022-11-07 | 2022-11-03 | BB | CHEN JOHN S | CEO, Executive COB, Dir | M - OptEx | — | -1.00M | 1.00M | -50% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2022-11-03 | M | A | 1,000,000 | — | 7,002,344 | D | — | — | (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. |
| 2 | Common | Common Shares | 2022-11-03 | S | D | 554,606 | $4.28 | 6,447,738 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.19 to $4.37, 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. (F2) Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")". |
| 3 | Derivative | Restricted Share Units | 2022-11-03 | M | D | 1,000,000 | — | 1,000,000 | D | — · — to — | 1,000,000 Common Shares | (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. (F4) This award was granted on April 10, 2018 and, assuming continued employment through the applicable vesting date, vests in five equal annual instalments ending November 3, 2023. |