BLACKBAUD INC 4
4 · BLACKBAUD INC · Filed Nov 18, 2011
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Eggers Jana
Sen VP Product Mgmt & Mktg
Transactions
- Tax Payment
Common Stock
2011-11-17$28.46/sh−523$14,885→ 14,173 total
Holdings
- 22,321
Stock Appreciation Right
Exercise: $25.43Exp: 2017-11-15→ Common Stock (22,321 underlying) - 28,169
Stock Appreciation Right
Exercise: $28.06Exp: 2018-11-09→ Common Stock (28,169 underlying) - 10,120
Stock Appreciation Right
Exercise: $26.82Exp: 2018-02-14→ Common Stock (10,120 underlying)
Footnotes (4)
- [F1]Represents shares forfeited to the company in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 16, 2010.
- [F2]Represents a stock appreciation right which vests in four equal annual installments beginning on November 16, 2011, subject to continued employment, and shall be settled in stock at time of exercise.
- [F3]Represents a stock appreciation right which vests in four equal annual installments beginning on February 14, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
- [F4]Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment, and shall be settled in stock at time of exercise.