BlackBerry Limited filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$BB
Computer Software: Prepackaged Software
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Item 5.02(b) – Departure of Marjorie Dickman as Chief Government Affairs and Public Policy Officer
On February 28, 2025, Marjorie Dickman stepped down from her position as Chief Government Affairs and Public Policy Officer of BlackBerry Limited (the “Company”) to pursue corporate board and other opportunities. Ms. Dickman will remain with the Company as Special Advisor to the Chief Executive Officer until May 31, 2025. Ms. Dickman’s departure is not the result of any disagreement with the Company on matters related to its strategy, operations, policies or practices.
In connection with her departure, the Company entered into a separation agreement with Ms. Dickman on February 27, 2025 (the “Separation Agreement”), under which it agreed to provide certain benefits, including: (i) a lump sum payment of $900,000, less applicable tax withholdings, (ii) continuation of health benefits and payment of monthly insurance premiums for health benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, for an aggregate period of 24 months, (iii) continued vesting of Ms. Dickman’s outstanding restricted share units for a period of 24 months, and (iv) a lump sum payment of Ms. Dickman’s earned annual bonus for the Company’s fiscal year 2025, which ended on February 28, 2025. Ms. Dickman will receive no additional compensation for her service as Special Advisor. The Separation Agreement includes a mutual general release of claims. The foregoing description is qualified in its entirety by reference to the full text of the Separation Agreement, which will be filed with the SEC as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ended February 28, 2025.
Item 9.01 Financial Statements and Exhibits.
| Exhibit Number | Description | |||||||
| 104 | Cover page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL Document | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BlackBerry Limited | ||||||||||||||||||||
| Date: | March 6, 2025 | By: | /s/ Tim Foote | |||||||||||||||||
| Name: | Tim Foote | |||||||||||||||||||
| Title: | Chief Financial Officer | |||||||||||||||||||