Credit: Reuters/Mark Blinch
A man walks by a Blackberry sign at the Blackberry campus in Waterloo, September 23, 2013.
The filing also showed that incoming interim chief executive and executive chairman John Chen will receive a base salary of $1 million. Chen will also receive 13 million restricted stock units, with half of them vesting only after five years with the company.
BlackBerry on Monday abandoned plans to sell itself and instead opted to raise $1 billion by selling convertible notes to a group of investors. The company had said Fairfax, its largest shareholder, was buying $250 million of the offering.
In the filing, BlackBerry said Canso Investment Counsel Ltd is buying $300 million, while Mackenzie Financial, Markel Corp, Qatar Holding, and Brookfield Asset Management, are buying the remainder.
(Reporting by Alastair Sharp, Allison Martell and Euan Rocha; Editing by David Gregorio)
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