BlackBerry director granted 8,750 deferred share units
BRACE PHILIP G reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
BRACE PHILIP G reported acquisition or exercise transactions in this Form 4 filing.
BlackBerry Ltd director Philip G. Brace received a grant of 8,750 Deferred Share Units, a form of stock-based compensation economically equivalent to common shares. Following this award, he holds 190,592 Deferred Share Units directly. These units become payable in cash, common shares, or both after he leaves the board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 8,750 | $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
Grant, award, or other acquisition financial
cessation of the reporting person's service financial
FAQ
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What did BlackBerry (BB) director Philip G. Brace report in this Form 4?
Does the BlackBerry (BB) Form 4 show any stock being bought or sold on the market?
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