BlackBerry director granted 9,166 deferred units
DISBROW LISA S reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
DISBROW LISA S reported acquisition or exercise transactions in this Form 4 filing.
BlackBerry Ltd director Lisa S. Disbrow received a grant of 9,166 Deferred Share Units (DSUs). These DSUs were awarded at a price of $0.00 per unit as compensation, not as an open-market purchase. Following this grant, her directly held DSU balance increased to 348,983 units.
Each DSU is the economic equivalent of one common share of BlackBerry and is linked to the company’s share value. The DSUs will be settled in cash, common shares, or a combination, at BlackBerry’s discretion after her service as a director ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 9,166 | $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.
Key Figures
Key Terms
economic equivalent financial
underlying security financial
director compensation financial
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What insider transaction did BlackBerry (BB) report for Lisa S. Disbrow?
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