BLACKBAUD INC 4
4 · BLACKBAUD INC · Filed Nov 14, 2016
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Cumbaa Charles T
Senior VP, Products & Services
Transactions
- Gift
Common Stock
2016-11-10−1,500→ 58,912 total
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 (1)
- [F1]Represents a performance stock appreciation right ("PSAR") which vested 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 be settled in stock at the time of exercise.