Form 4 for BB BLACKBERRY Ltd
Accepted 2024-01-04 00:00:00 ET · period of report 2024-01-03 · accession 0001070235-24-000024 · 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 | 2024-01-04 | 2024-01-03 | BB | Kurtz Philip S. | CLO, Corp. Sec | M - OptEx | — | +1,956 | 19.7K | +11% | — |
| D | 2024-01-04 | 2024-01-03 | BB | Kurtz Philip S. | CLO, Corp. Sec | S - Sale+OE | $3.25 | -1,240 | 18.4K | -6% | -$4,030 |
| D | 2024-01-04 | 2024-01-03 | BB | Kurtz Philip S. | CLO, Corp. Sec | M - OptEx | — | -1,956 | 1,956 | -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 | 2024-01-03 | M | A | 1,956 | — | 19,654 | 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 | 2024-01-03 | S | D | 1,240 | $3.25 | 18,414 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.23 to $3.33, 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. (F2) Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")". |
| 3 | Derivative | Restricted Share Units | 2024-01-03 | M | D | 1,956 | — | 1,956 | D | — · — to — | 1,956 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. (F5) This award was granted on February 1, 2022 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments on January 3, 2023, January 3, 2024 and January 3, 2025. |