BlackBerry director granted 10,695 deferred share units
Lynch Richard J. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Lynch Richard J. reported acquisition or exercise transactions in this Form 4 filing.
BLACKBERRY Ltd director Richard J. Lynch received a grant of 10,695 Deferred Share Units (DSUs). Each DSU is the economic equivalent of one common share and is tied to his board service. After this award, he holds 505,983 DSUs representing deferred compensation linked to BlackBerry’s common shares.
The DSUs will be settled in cash, common shares, or a combination, at BlackBerry’s discretion after Lynch’s service as a director ends. This filing reflects routine equity-based director compensation rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 10,695 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each Deferred Share Unit ("DSU") is the economic equivalent of one common share. The DSUs become payable, in cash or common shares or a combination of the two, at the discretion of BlackBerry Limited ("BlackBerry") following cessation of the reporting person's service as a director of BlackBerry.
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underlying security financial
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What insider transaction did BlackBerry (BB) report for Richard J. Lynch?
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