BLACKBAUD INC 4

4 · BLACKBAUD INC · Filed Jul 12, 2016

Form 4

Period: 2016-07-08

Senior VP, Products & Services

Transactions

Exercise/Conversion
Common Stock
2016-07-08$28.06/sh+24,648$691,623→ 91,955 total
Tax Payment
Common Stock
2016-07-08$68.50/sh−7,120$487,720→ 74,738 total
Sale
Common Stock
2016-07-08$68.50/sh−11,431$783,024→ 63,307 total
Disposition to Issuer
Common Stock
2016-07-08$68.50/sh−10,097$691,645→ 81,858 total
Exercise/Conversion
Stock Appreciation Right
2016-07-08−24,648→ 0 total
Exercise: $28.06Exp: 2018-11-09→ Common Stock (24,648 underlying)

Holdings

Common Stock
(indirect: By Trust)
2,100
Common Stock
(indirect: By Trust)
2,100
Performance Stock Appreciation Right
Exercise: $22.24Exp: 2019-11-05→ Common Stock (86,358 underlying)
86,358

Footnotes (4)

[F1]This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on May 16, 2016 and effective on June 1, 2016.
[F2]Represents shares forfeited to the company in connection with the satisfaction of tax liabilities incurred upon the exercise of stock appreciation rights.
[F3]Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, 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

1 file