4//SEC Filing
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 4
Accession 0000947871-23-001085
$FRFHFCIK 0001070235other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 7:57 PM ET
Size
17.0 KB
Accession
0000947871-23-001085
Insider Transaction Report
Form 4
WATSA V PREM ET AL
Director10% Owner
Transactions
- Disposition to Issuer
1.75% Unsecured Convertible Debentures
2023-11-13$330000.00/sh−1$330,000→ 0 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying) - Award
1.75% Extendable Convertible Unsecured Debentures
2023-11-13$150000.00/sh+1$150,000→ 1 total(indirect: See Footnote)→ Common Shares (25,000,000 underlying)
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Director10% Owner
Transactions
- Disposition to Issuer
1.75% Unsecured Convertible Debentures
2023-11-13$330000.00/sh−1$330,000→ 0 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying) - Award
1.75% Extendable Convertible Unsecured Debentures
2023-11-13$150000.00/sh+1$150,000→ 1 total(indirect: See Footnote)→ Common Shares (25,000,000 underlying)
1109519 ONTARIO LTD
Director10% Owner
Transactions
- Disposition to Issuer
1.75% Unsecured Convertible Debentures
2023-11-13$330000.00/sh−1$330,000→ 0 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying) - Award
1.75% Extendable Convertible Unsecured Debentures
2023-11-13$150000.00/sh+1$150,000→ 1 total(indirect: See Footnote)→ Common Shares (25,000,000 underlying)
SIXTY TWO INVESTMENT CO LTD
Director10% Owner
Transactions
- Disposition to Issuer
1.75% Unsecured Convertible Debentures
2023-11-13$330000.00/sh−1$330,000→ 0 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying) - Award
1.75% Extendable Convertible Unsecured Debentures
2023-11-13$150000.00/sh+1$150,000→ 1 total(indirect: See Footnote)→ Common Shares (25,000,000 underlying)
FFHL GROUP LTD
Director10% Owner
Transactions
- Disposition to Issuer
1.75% Unsecured Convertible Debentures
2023-11-13$330000.00/sh−1$330,000→ 0 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying) - Award
1.75% Extendable Convertible Unsecured Debentures
2023-11-13$150000.00/sh+1$150,000→ 1 total(indirect: See Footnote)→ Common Shares (25,000,000 underlying)
Footnotes (3)
- [F1]The 1.75% unsecured convertible debentures (the "Old 1.75% Debentures") were repaid upon maturity by BlackBerry Limited ("BlackBerry"). The Old 1.75% Debentures had a maturity date of November 13, 2023 and were convertible at any time into common shares of BlackBerry at an initial conversion price of $6.00 per common share. None of the Old 1.75% Debentures were converted into common shares of BlackBerry prior to repayment.
- [F2]The 1.75% extendable convertible unsecured debentures (the "New 1.75% Debentures") have a stated maturity of February 15, 2024, with an option to extend to May 15, 2024 if mutually agreed between the parties, and are not redeemable by BlackBerry prior to maturity. The New 1.75% Debentures are convertible at any time into common shares of BlackBerry at an initial conversion price of $6.00 per common share, subject to adjustments in accordance with the terms of such New 1.75% Debentures.
- [F3]These securities are held by controlled subsidiaries of Fairfax Financial Holdings Limited. Mr. Watsa is the CEO and controlling person of Fairfax Financial Holdings Limited through the other Reporting Persons. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Documents
Issuer
BLACKBERRY Ltd
CIK 0001070235
Entity typeother
IncorporatedCanada (Federal Level)
Related Parties
1- filerCIK 0000915191
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 7:57 PM ET
- Size
- 17.0 KB