4//SEC Filing
BLACKBAUD INC 4
Accession 0001209191-14-067591
$BLKBCIK 0001280058operating
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 4:27 PM ET
Size
13.8 KB
Accession
0001209191-14-067591
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Moye Joseph D
Pres.,Enterprise Cust Bus.Unit
Transactions
- Exercise/Conversion
Common Stock
2014-11-06$22.24/sh+9,148$203,452→ 30,332 total - Disposition to Issuer
Common Stock
2014-11-06$45.08/sh−4,514$203,491→ 25,818 total - Tax Payment
Common Stock
2014-11-06$45.08/sh−1,268$57,161→ 24,550 total - Sale
Common Stock
2014-11-06$45.00/sh−3,366$151,470→ 21,184 total - Exercise/Conversion
Stock Appreciation Right
2014-11-06−9,148→ 23,786 totalExercise: $22.24Exp: 2019-11-06→ Common Stock (9,148 underlying)
Holdings
- 27,455
Performance Stock Appreciation Right
Exercise: $22.24Exp: 2019-11-06→ Common Stock (27,455 underlying)
Footnotes (4)
- [F1]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the exercise of stock appreciation rights.
- [F2]This transaction was executed in multiple trades at prices ranging from $45.00 to $45.01. 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.
- [F3]Represents a stock appreciation right which vests in four equal installments beginning on November 6, 2013, subject to continued employment, and shall be settled in stock at time of exercise.
- [F4]Represents a performance stock appreciation right ("PSAR") which vests in four equal annual installments beginning on November 6, 2013 since the Issuer maintained a 25% increase in its stock price over $22.24 for 30 consecutive days prior to November 6, 2013. The PSARs shall only vest subject to continued employment and shall be settled in stock at the time of exercise.
Documents
Issuer
BLACKBAUD INC
CIK 0001280058
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001280058
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 4:27 PM ET
- Size
- 13.8 KB