4//SEC Filing
BLACKBAUD INC 4
Accession 0001209191-16-132391
$BLKBCIK 0001280058operating
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 4:08 PM ET
Size
15.1 KB
Accession
0001209191-16-132391
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Cumbaa Charles T
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 totalExercise: $28.06Exp: 2018-11-09→ Common Stock (24,648 underlying)
Holdings
- 2,100(indirect: By Trust)
Common Stock
- 2,100(indirect: By Trust)
Common Stock
- 86,358
Performance Stock Appreciation Right
Exercise: $22.24Exp: 2019-11-05→ Common Stock (86,358 underlying)
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
Issuer
BLACKBAUD INC
CIK 0001280058
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001280058
Filing Metadata
- Form type
- 4
- Filed
- Jul 11, 8:00 PM ET
- Accepted
- Jul 12, 4:08 PM ET
- Size
- 15.1 KB