Small Matthew H 4
4 · BLACKBOARD INC · Filed Jul 6, 2011
Insider Transaction Report
Form 4
BLACKBOARD INCBBBB
Small Matthew H
Chief Business Officer
Transactions
- Exercise/Conversion
Common Stock
2011-07-01$29.20/sh+1,562$45,610→ 130,417 total - Sale
Common Stock
2011-07-01$44.16/sh−4,375$193,200→ 128,855 total - Exercise/Conversion
Stock Option (right to buy)
2011-07-01−2,812→ 14,066 totalExercise: $28.75Exp: 2016-02-15→ Common Stock (2,812 underlying) - Sale
Common Stock
2011-07-01$44.16/sh−2,812$124,178→ 128,855 total - Sale
Common Stock
2011-07-01$44.16/sh−1,562$68,978→ 128,855 total - Exercise/Conversion
Common Stock
2011-07-01$27.96/sh+4,375$122,325→ 133,230 total - Exercise/Conversion
Stock Option (right to buy)
2011-07-01−4,375→ 27,709 totalExercise: $27.96Exp: 2014-03-15→ Common Stock (4,375 underlying) - Exercise/Conversion
Common Stock
2011-07-01$28.75/sh+2,812$80,845→ 131,667 total - Exercise/Conversion
Stock Option (right to buy)
2011-07-01−1,562→ 9,378 totalExercise: $29.20Exp: 2017-02-17→ Common Stock (3,124 underlying)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 5, 2010.
- [F2]Beginning on January 1, 2008, the stock option vests in 48 equal monthly installments.
- [F3]The stock option vests as to 25% of the shares on January 1, 2010 and as to an additional 2.083% of the shares monthly thereafter.
- [F4]The stock option vests as to 25% of the shares on February 1, 2010 and as to an additional 2.083% of the shares monthly thereafter.