Form 4 for BB BLACKBERRY Ltd
Accepted 2024-07-02 00:00:00 ET · period of report 2024-06-28 · accession 0001070235-24-000097 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-07-02 | 2024-06-28 | BB | ERIKSSON MATTIAS | Pres of IoT | M - OptEx | — | +168.1K | 267.0K | +170% | — |
| DM | 2024-07-02 | 2024-06-28 | BB | ERIKSSON MATTIAS | Pres of IoT | S - Sale+OE | $2.45 | -52.5K | 214.4K | -20% | -$128.7K |
| DM | 2024-07-02 | 2024-06-28 | BB | ERIKSSON MATTIAS | Pres of IoT | M - OptEx | — | -168.1K | 5,479 | -97% | — |
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 | 2024-06-28 | M | A | 39,062 | — | 137,920 | 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 | 2024-06-28 | M | A | 129,069 | — | 266,989 | 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. |
| 3 | Common | Common Shares | 2024-06-28 | S | D | 12,215 | $2.45 | 254,774 | D | — | — | (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. (F2) Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")". |
| 4 | Common | Common Shares | 2024-06-28 | S | D | 40,334 | $2.45 | 214,440 | D | — | — | (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. (F2) Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")". |
| 5 | Derivative | Restricted Share Units | 2024-06-28 | M | D | 39,062 | — | 0 | D | — · — to — | 39,062 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 June 28, 2021 and, assuming continued employment through the applicable vest date, vests in three equal annual instalments ending June 28, 2024. |
| 6 | Derivative | Performance-Based Restricted Share Units | 2024-06-28 | M | D | 129,069 | — | 5,479 | D | — · — to — | 129,069 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) 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. |