BLACKBAUD INC 4
4 · BLACKBAUD INC · Filed Aug 13, 2013
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Chardon Marc
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2013-08-12$35.35/sh−46,738$1,652,188→ 58,883 total
Holdings
- 16,325
Stock Appreciation Right
Exercise: $22.34Exp: 2016-11-11→ Common Stock (16,325 underlying) - 52,084
Stock Appreciation Right
Exercise: $26.79Exp: 2017-11-07→ Common Stock (52,084 underlying)
Footnotes (3)
- [F1]This transaction was executed in multiple trades ranging from $35.01 to $35.49. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F2]Represents a stock appreciation right which vests in four equal annual installments beginning on November 8, 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 installments beginning on November 10, 2010, subject to continued employment, and shall be settled in stock at time of exercise.