4//SEC Filing
FFHL GROUP LTD 4
Accession 0000947871-20-000929
CIK 0001070235other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:10 PM ET
Size
16.8 KB
Accession
0000947871-20-000929
Insider Transaction Report
Form 4
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Director10% Owner
Transactions
- Other
3.75% Unsecured Convertible Debentures
2020-09-01$500000000.00/sh−1$500,000,000→ 0 total(indirect: See Footnote)→ Common Shares (50,000,000 underlying) - Other
1.75% Unsecured Convertible Debentures
2020-09-01$330000000.00/sh+1$330,000,000→ 1 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying)
1109519 ONTARIO LTD
Director10% Owner
Transactions
- Other
3.75% Unsecured Convertible Debentures
2020-09-01$500000000.00/sh−1$500,000,000→ 0 total(indirect: See Footnote)→ Common Shares (50,000,000 underlying) - Other
1.75% Unsecured Convertible Debentures
2020-09-01$330000000.00/sh+1$330,000,000→ 1 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying)
SIXTY TWO INVESTMENT CO LTD
Director10% Owner
Transactions
- Other
1.75% Unsecured Convertible Debentures
2020-09-01$330000000.00/sh+1$330,000,000→ 1 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying) - Other
3.75% Unsecured Convertible Debentures
2020-09-01$500000000.00/sh−1$500,000,000→ 0 total(indirect: See Footnote)→ Common Shares (50,000,000 underlying)
WATSA V PREM ET AL
Director10% Owner
Transactions
- Other
3.75% Unsecured Convertible Debentures
2020-09-01$500000000.00/sh−1$500,000,000→ 0 total(indirect: See Footnote)→ Common Shares (50,000,000 underlying) - Other
1.75% Unsecured Convertible Debentures
2020-09-01$330000000.00/sh+1$330,000,000→ 1 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying)
FFHL GROUP LTD
Director10% Owner
Transactions
- Other
1.75% Unsecured Convertible Debentures
2020-09-01$330000000.00/sh+1$330,000,000→ 1 total(indirect: See Footnote)→ Common Shares (55,000,000 underlying) - Other
3.75% Unsecured Convertible Debentures
2020-09-01$500000000.00/sh−1$500,000,000→ 0 total(indirect: See Footnote)→ Common Shares (50,000,000 underlying)
Footnotes (3)
- [F1]The 3.75% unsecured convertible debentures (the "3.75% Debentures") were redeemed by BlackBerry Limited ("BlackBerry") at a redemption price of 101.685% of the outstanding principal amount of the 3.75% Debentures. The 3.75% Debentures had a maturity date of November 13, 2020 and were convertible at any time into common shares of BlackBerry at an initial conversion price of $10.00 per common share. The 3.75% Debentures were not converted into common shares of BlackBerry upon redemption.
- [F2]The 1.75% unsecured convertible debentures (the "1.75% Debentures") have a stated maturity of November 13, 2023 and are not redeemable by BlackBerry prior to maturity. The 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 indenture governing the 1.75% Debentures.
- [F3]These securities are held by wholly-owned 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
Related Parties
1- filerCIK 0001275984
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 4:10 PM ET
- Size
- 16.8 KB