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BLACKBERRY Ltd Director's Dealing 2023

Apr 4, 2023

31397_dirs_2023-04-04_fb55cdc0-6d64-4506-a72d-436e630ba6d5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKBERRY Ltd (BB)
CIK: 0001070235
Period of Report: 2023-04-02

Reporting Person: Dickman Marjorie (Chief Gv Aff & Pub Pol Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-02 Common Shares M 41796 Acquired 48641 Direct
2023-04-03 Common Shares S 13269 $4.63 Disposed 35372 Direct
2023-04-02 Common Shares M 46439 Acquired 81811 Direct
2023-04-03 Common Shares S 14968 $4.63 Disposed 66843 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-02 Performance-Based Restricted Share Units $ M 41796 Disposed Common Shares (41796.0) Direct
2023-04-02 Restricted Share Units $ M 46439 Disposed Common Shares (46439.0) 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 ("BlackBerry").

F2: Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs").

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.58 to $4.65, 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: Reflects an amount of Performance-Based Restricted Share Units ("PBRSUs") determined in accordance with satisfaction of performance conditions. 41,796 PBRSUs vested on April 2, 2023 and 4,747 PBRSUs will vest on December 21, 2023 if the reporting person is employed by BlackBerry Limited as of those dates.

F5: The RSUs fully vested on April 2, 2023.