Filing Details
- Accession Number:
- 0001070235-21-000127
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-11-05 19:12:49
- Reporting Period:
- 2021-11-03
- Accepted Time:
- 2021-11-05 19:12:49
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1070235 | Blackberry Ltd | BB | Services-Prepackaged Software (7372) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1082030 | S John Chen | C/O Blackberry Limited 2200 University Avenue East Waterloo A6 N2K 0A7 | Executive Chairman & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares | Acquisiton | 2021-11-03 | 1,000,000 | $0.00 | 5,225,188 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2021-11-03 | 3,000,000 | $0.00 | 8,225,188 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2021-11-03 | 2,222,844 | $11.14 | 6,002,344 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | Restricted Share Units | Disposition | 2021-11-03 | 1,000,000 | $0.00 | 1,000,000 | $0.00 |
| Common Shares | Performance-Based Restricted Share Units | Disposition | 2021-11-03 | 3,000,000 | $0.00 | 3,000,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,000,000 | No | 4 | M | Direct | ||
| 2,000,000 | No | 4 | M | Direct |
Footnotes
- 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 ("BlackBerry").
- Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.90 to $11.73, 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.
- 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.
- This award was granted on April 10, 2018. Performance-Based RSUs may be earned in increments of one million common shares of BlackBerry when the 10-day average closing price of BlackBerry's common shares on the New York Stock Exchange reaches $16, $17, $18, $19 and $20, respectively. If earned, the increment will vest on the first anniversary of November 3, 2018, 2019, 2020, 2021 or 2022, respectively, that follows the date on which they are earned. Any Performance-Based RSUs that have not been earned before November 3, 2023 will terminate on such date.
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