Form 4: BlackBerry Director Laurie Smaldone Alsup Reports Acquisition of Deferred Share Units
SEC Form 4 Filing
Director Laurie Smaldone Alsup reports acquiring 17,763 Deferred Share Units (DSUs) of BlackBerry Limited on February 29, 2024.
Summary
- On February 29, 2024, Laurie Smaldone Alsup, a director of BlackBerry Limited, acquired 17,763 Deferred Share Units (DSUs).
- Each DSU is equivalent to one common share of BlackBerry.
- The DSUs will be payable in cash, common shares, or a combination thereof, at BlackBerry's discretion, following the cessation of Alsup's service as a director.
- Following the transaction, Alsup directly owns 269,166 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction related to director compensation. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The DSUs become payable, in cash or common shares or a combination of the two, at the discretion of BlackBerry Limited following cessation of the reporting person's service as a director of BlackBerry.
Industry Context
This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Acquisition of 17,763 Deferred Share Units. |
| 03/04/2024 | Date of signature for the Form 4 filing. |
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