BLACKBAUD INC 4
4 · BLACKBAUD INC · Filed Feb 18, 2014
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Holman Brad John
Pres Int'l Business Unit
Transactions
- Award
Common Stock
2014-02-14+1,574→ 27,241 total
Holdings
- 60,378
Performance Stock Appreciation Right
Exercise: $22.24Exp: 2019-11-05→ Common Stock (60,378 underlying) - 5,581
Stock Appreciation Right
Exercise: $26.79Exp: 2017-11-07→ Common Stock (5,581 underlying) - 11,444
Stock Appreciation Right
Exercise: $28.06Exp: 2018-11-09→ Common Stock (11,444 underlying)
Footnotes (4)
- [F1]On February 14, 2014, the Compensation Committee determined that these performance-based restricted stock units ("PRSUs") vested based on the Issuer achieving performance goals for the period ending December 31, 2013, for PRSUs granted in 2011.
- [F2]Represents a stock appreciation right which vests in four equal annual installments beginning on November 8, 2011, subject to continued employment and an exercise price less than the closing price of the Issuer's common stock on each vesting date. The stock appreciation right shall be settled in stock at the time of exercise.
- [F3]Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment and an exercise price less than the closing price of the Issuer's common stock on each vesting date. The stock appreciation right shall be settled in stock at the time of exercise.
- [F4]For full text of this footnote 4, see Remarks.