BLACKBERRY Ltd — Director's Dealing 2023

Dec 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKBERRY Ltd (BB)
CIK: 0001070235
Period of Report: 2023-12-21

Reporting Person: Rai Steve (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-21	Common Shares	M	11720	—	Acquired	60375	Direct
2023-12-21	Common Shares	S	6655	$3.56	Disposed	53720	Direct
2023-12-21	Common Shares	M	10549	—	Acquired	64269	Direct
2023-12-21	Common Shares	S	5990	$3.56	Disposed	63783	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-21	Restricted Share Units	$	M	11720	Disposed		Common Shares (11720)	Direct
2023-12-21	Performance-Based Restricted Share Units	$	M	10549	Disposed		Common Shares (10549)	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: Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".

F3: The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.54 to $3.57, 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: Includes 3,851 shares acquired under the Company's Employee Stock Purchase Plan on March 31, 2023.

F6: Includes 1,653 shares acquired under the Company's Employee Stock Purchase Plan on September 30, 2023.

F7: The RSUs fully vested on December 21, 2023.

F8: The Performance-Based RSUs fully vested on December 21, 2023.