BLACKBAUD INC 4
4 · BLACKBAUD INC · Filed Nov 12, 2014
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Moye Joseph D
Pres.,Enterprise Cust Bus.Unit
Transactions
- Tax Payment
Common Stock
2014-11-07$44.97/sh−3,247$146,018→ 13,839 total - Tax Payment
Common Stock
2014-11-07$44.97/sh−4,098$184,287→ 17,086 total
Holdings
- 27,455
Performance Stock Appreciation Right
Exercise: $22.24Exp: 2019-11-06→ Common Stock (27,455 underlying) - 23,786
Stock Appreciation Right
Exercise: $22.24Exp: 2019-11-06→ Common Stock (23,786 underlying)
Footnotes (4)
- [F1]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted on November 6, 2012.
- [F2]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted on November 6, 2013.
- [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.