Published: 2020-03-02 18:37:00
Submitted: 2020-03-02
Filing Agent: MORRISON & FOERSTER LLP /FA
Period Ending In: 2020-03-01
| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement (Month/Day/Year) 03/01/2020 |
3. Issuer Name and Ticker or Trading Symbol BLACKBERRY Ltd [ BB ] |
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| 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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5. If Amendment, Date of Original Filed (Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Shares | 11,801 | D | |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Performance-Based Restricted Share Units | (1) | (1) | Common Shares | 2,952 | (2) | D | |
| Restricted Share Units | (3) | (3) | Common Shares | 3,693 | (2) | D | |
| Restricted Share Units | (4) | (4) | Common Shares | 80,789 | (2) | D | |
| Restricted Share Units | (5) | (5) | Common Shares | 1,490 | (2) | D | |
| Restricted Share Units | (6) | (6) | Common Shares | 6,237 | (2) | D | |
| Explanation of Responses: |
| 1. Reflects an amount of Performance-Based Restricted Share Units ("RSUs") determined in accordance with satisfaction of performance conditions. RSUs will vest on September 29, 2020 if the reporting person is employed by BlackBerry Limited ("BlackBerry") as of that date. |
| 2. 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. |
| 3. The RSUs will vest in two approximately equal annual installments beginning October 1, 2020. |
| 4. The RSUs will vest in three approximately equal annual installments beginning September 25, 2020. |
| 5. The RSUs will vest on September 29, 2020. |
| 6. The RSUs will vest in three equal annual installments beginning April 1, 2020. |
| Remarks: |
| Exhibit List: Exhibit 24.1 - Power of Attorney |
| /s/ Scott Lesmes, Attorney-in-Fact for Steve Rai | 03/02/2020 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and appoints
each of Fraser Deziel and Cyndi McGillivray of BlackBerry Limited, an Ontario, Canada corporation
(the "Company") and Scott Lesmes of Morrison & Foerster LLP, and with full power of substitution, as the
undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned's capacity
as an officer and/or director of the Company, Forms 3, 4, and 5 in accordance with Section 16(a)
of the Securities Exchange Act of 1934 and the rules thereunder;
(2) do and perform any and all acts for and on behalf of the undersigned which may be
necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any
amendment or amendments thereto, and timely file such form with the U.S. Securities and Exchange
Commission (the "SEC") and any stock exchange or similar authority; and
(3) take any other action of any type whatsoever in connection with the foregoing which,
in the opinion of any such attorney-in-fact, may be of benefit to, in the best interest of, or
legally required by, the undersigned, it being understood that the documents executed by any such
attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such
form and shall contain such terms and conditions as such attorney-in-fact may approve in any such
attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power and authority to
do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done
in the exercise of any of the rights and powers herein granted, as fully to all intents and
purposes as the undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that each such attorney-in-fact,
or each such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done
by virtue of this power of attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of
the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's
responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the undersigned is
no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and
transactions in securities issued by the Company, unless earlier revoked by the undersigned in
a signed writing delivered to each of the foregoing attorneys-in-fact.
[Signature on Next Page]
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as
of this 24th day of February, 2020.
/s/ Steve Rai
Name: Steve Rai
| File | Sequence | Description | Type | Size |
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| 0000925421-20-000082.txt | Complete submission text file | 13510 |