February 15, 2024 · Form 4 insider transaction
WATSA V PREM ET AL bought 296,571 shares of BlackBerry Limited, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.
In connection with the cessation of the Reporting Person's service as a director of the Issuer, the Reporting Person received Common Shares in settlement of outstanding Deferred Share Units ("DSUs").; The DSUs are held directly and solely by Mr. Watsa and were received in connection with service as a director of the Issuer. Each DSU is the economic equivalent of one common share.; Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that other Reporting Persons are beneficial owners of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act.