Sec Form 4/A Filing - CHEN JOHN S @ BLACKBERRY Ltd - 2021-11-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CHEN JOHN S
2. Issuer Name and Ticker or Trading Symbol
BLACKBERRY Ltd [ BB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Chairman & CEO
(Last) (First) (Middle)
C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST
3. Date of Earliest Transaction (MM/DD/YY)
11/03/2021
(Street)
WATERLOO, A6N2K 0A7
4. If Amendment, Date Original Filed (MM/DD/YY)
11/05/2021
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 11/03/2021 M 1,000,000 A 5,225,188 D
Common Shares 11/03/2021 M 3,000,000 A 8,225,188 D
Common Shares 11/03/2021 S 2,222,844 D( 2 ) $ 11.14( 3 ) 6,002,344 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units ( 1 ) 11/03/2021 M 1,000,000 ( 4 ) ( 4 ) Common Shares 1,000,000 ( 1 ) 2,000,000 D
Performance-Based Restricted Share Units ( 1 ) 11/03/2021 M 3,000,000 ( 5 ) ( 5 ) Common Shares 3,000,000 ( 1 ) 2,000,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CHEN JOHN S
C/O BLACKBERRY LIMITED
2200 UNIVERSITY AVENUE EAST
WATERLOO, A6N2K 0A7
X Executive Chairman & CEO
Signatures
/s/ Fraser Deziel, Attorney-in-Fact for John Chen 02/10/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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").
( 2 )Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
( 3 )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.
( 4 )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.
( 5 )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 trading average 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.

Remarks:
This amendment is being filed to address an error in the footnote describing the terms of vesting of the Performance-Based RSUs.

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