BLACKBAUD INC 4
4 · BLACKBAUD INC · Filed Jul 26, 2005
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
TUNNELL DAVID R
Director
Transactions
- Disposition to Issuer
Common Stock
2005-07-13$14.50/sh−1,778,818$25,792,861→ 22,256,927 total(indirect: See Footnote)
Holdings
- 5,000
Stock Option (Right to Buy)
Exercise: $8.00Exp: 2014-07-22→ Common Stock (5,000 underlying) - 4,982
Common Stock
Footnotes (3)
- [F1]The reporting person disposed of 1,778,818 shares of common stock in an isser self tender offer.
- [F2]The shares of common stock are owned by Hellman & Friedman Capital Partners, III, L.P., H&F Orchard Partners III, L.P. and H&F International Partners III, L.P. As a Managing Director of Hellman & Friedman LLC, Mr. Tunnell could be deemed to beneficially own such shares, but disclaims beneficial ownership except to the extent of his indirect pecuniary interest in such shares.
- [F3]The option vests in four equal annual installments beginning on 07/22/2005.