BLACKBAUD INC 4
4 · BLACKBAUD INC · Filed Feb 19, 2015
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Holman Brad John
Pres Int'l Business Unit
Transactions
- Exercise/Conversion
Common Stock
2015-02-17$26.79/sh+5,581$149,515→ 44,049 total - Exercise/Conversion
Common Stock
2015-02-17$28.06/sh+5,722$160,559→ 49,771 total - Sale
Common Stock
2015-02-17$44.55/sh−10,249$456,593→ 39,522 total - Exercise/Conversion
Stock Appreciation Right
2015-02-17−5,581→ 0 totalExercise: $26.79Exp: 2017-11-07→ Common Stock (5,581 underlying) - Exercise/Conversion
Stock Appreciation Right
2015-02-17−5,722→ 5,722 totalExercise: $28.06Exp: 2018-11-09→ Common Stock (5,722 underlying)
Holdings
- 40,252
Performance Stock Appreciation Right
Exercise: $22.24Exp: 2019-11-05→ Common Stock (40,252 underlying)
Footnotes (3)
- [F1]Represents a stock appreciation right which vested 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.
- [F2]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.
- [F3]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.