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chemgear · 09-23-2013, 11:59 AM

He gave up and sold all of his BB a while back:

http://business.financialpost.com/20..._lsa=ab2e-723a

Names of Reporting Persons: James L. Balsillie
Amount beneficially owned: 0
Shared power to vote or to direct the vote: 0
Percent of class: 0%

http://business.financialpost.com/20...get-away-easy/

To be fair, CCGG doesn’t prescribe precisely how much time should elapse before a senior executive like Balsillie could unload shares, but the principle is predicated on keeping some skin in the game. “You shouldn’t be allowed to just quit and cash out,” says Richard Leblanc, associate professor of governance, law and ethics at York University in Toronto. “The board let him jettison all his shares rather than have a staggered period of containment for the sake of the company.”

In any event, it’s not clear at which point in 2012 Balsillie unloaded his shares, but given that BlackBerry’s stock price ranged between $6.22 and $18.32 during the past 52 weeks, he could have fetched between US$166.7-million and US$491-million.

09-23-2013, 11:59 AM	#31
chemgear Franchise Player Join Date: Feb 2010 Exp:	He gave up and sold all of his BB a while back: http://business.financialpost.com/20..._lsa=ab2e-723a Names of Reporting Persons: James L. Balsillie Amount beneficially owned: 0 Shared power to vote or to direct the vote: 0 Percent of class: 0% http://business.financialpost.com/20...get-away-easy/ To be fair, CCGG doesn’t prescribe precisely how much time should elapse before a senior executive like Balsillie could unload shares, but the principle is predicated on keeping some skin in the game. “You shouldn’t be allowed to just quit and cash out,” says Richard Leblanc, associate professor of governance, law and ethics at York University in Toronto. “The board let him jettison all his shares rather than have a staggered period of containment for the sake of the company.” In any event, it’s not clear at which point in 2012 Balsillie unloaded his shares, but given that BlackBerry’s stock price ranged between $6.22 and $18.32 during the past 52 weeks, he could have fetched between US$166.7-million and US$491-million.