BlackBerry Ltd T.BB

Alternate Symbol(s): BB

Technology Software - Infrastructure

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.

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BlackBerry Ltd

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Post by theRussianon Feb 28, 2022 10:34am

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Post# 34467574

Inducement award...why now?? JG savior!!

JG likely got huge gov contract that he was given this award.

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A public company can grant “inducement awards” of equity or equity-based compensation to newly hired employees (including with respect to employees of the target in M&A transactions) outside of the company’s shareholder-approved equity plan and without otherwise having such awards approved by shareholders, if certain requirements are met. In addition to not requiring shareholder approval, such awards will not count against the company’s equity plan share reserve or be subject to any individual share limits in the equity plan.
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