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Alternate Symbol(s): BB

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... see more

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BlackBerry Ltd > Backing Up jollnik6: insider sale of shares

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Post by Leewardcape on Sep 18, 2021 8:18am

Backing Up jollnik6: insider sale of shares

I remember that it was indeed fully explained: the shares granted were an award. Awards are fully taxable under CDN tax law, so the shares that were sold were to have enough to pay the additional tax.,

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Comment by shareholders1 on Sep 18, 2021 8:36am

Adding the specifics - On July 23 Tom E excercised 281,294 Rights to acquire 281,294 shares, and he sold 109,994 shares on the same day. The conclusion that he sold the 109,994 shares (which are 39% of the 281,294) to pay tax seems more than plausible. Really not relevent to the issue, but my guess is Tom is both a US citizen and also lives in the USA, so I believe that means USA tax ...more

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