BLACKBERRY Ltd — Director's Dealing 2020

Oct 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKBERRY Ltd (BB)
CIK: 0001070235
Period of Report: 2020-10-01

Reporting Person: Rai Steve (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-01	Common Shares	M	1847	—	Acquired	34005	Direct
2020-10-01	Common Shares	S	1051	$4.43	Disposed	32954	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-01	Restricted Share Units	$	M	1847	Disposed		Common Shares (1847.0)	Direct

Footnotes

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.

F2: Includes 2,544 shares acquired under the Company's Employee Stock Purchase Plan on September 30, 2020.

F3: Sales to cover withholding taxes upon vesting of Restricted Stock Units ("RSUs")".

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.81 CAD to $6.01 CAD, 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.

F5: The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

F6: This award was granted on October 1, 2018 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments ending October 1, 2021.