Pittinsky Matthew L 4

4 · BLACKBOARD INC · Filed Oct 14, 2009

Form 4

Period: 2009-10-09

Director

Transactions

Exercise/Conversion
Stock Option (right to buy)
2009-10-12+38,000→ 19,206 total
Exercise: $9.34Exp: 2011-11-09→ Common Stock (38,000 underlying)
Sale
Common Stock
2009-10-12$39.32/sh−38,000$1,494,160→ 0 total
Sale
Common Stock
2009-10-13$38.84/sh−19,206$745,961→ 0 total
Exercise/Conversion
Stock Option (right to buy)
2009-10-09+38,000→ 57,206 total
Exercise: $9.34Exp: 2011-11-09→ Common Stock (38,000 underlying)
Exercise/Conversion
Common Stock
2009-10-09$9.34/sh+35,700$333,438→ 35,700 total
Exercise/Conversion
Common Stock
2009-10-09$9.34/sh+2,300$21,482→ 2,300 total
Exercise/Conversion
Common Stock
2009-10-13$9.34/sh+19,206$179,384→ 19,206 total
Exercise/Conversion
Stock Option (right to buy)
2009-10-13+19,206→ 0 total
Exercise: $9.34Exp: 2011-11-09→ Common Stock (19,206 underlying)
Sale
Common Stock
2009-10-09$39.40/sh−2,300$90,620→ 0 total
Sale
Common Stock
2009-10-09$39.11/sh−35,700$1,396,227→ 0 total
Exercise/Conversion
Common Stock
2009-10-12$9.34/sh+38,000$354,920→ 38,000 total

Footnotes (6)

[F1]The transaction reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2008.
[F2]Reflects the weighted average sale price with the range of sale prices from $38.39 to $39.38 The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
[F3]Reflects the weighted average sale price with the range of sale price from $39.39 to $39.42. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
[F4]Reflects the weighted average sale price with the range of sale price from $38.99 to $39.71 The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
[F5]Reflects the weighted average sale price with the range of sale price from $38.60 to $39.21 The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
[F6]The option vested as to 25% of the shares on 11/09/2002 and as to an additional 2.08% of the shares monthly thereafter.

Documents

1 file