4//SEC Filing
BLACKBAUD INC 4
Accession 0001209191-17-002466
$BLKBCIK 0001280058operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 9:41 PM ET
Size
13.6 KB
Accession
0001209191-17-002466
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Cumbaa Charles T
Senior VP, Products & Services
Transactions
- Sale
Common Stock
2017-01-04$66.50/sh−9,340$621,110→ 58,912 total - Exercise/Conversion
Common Stock
2017-01-04$22.24/sh+21,589$480,139→ 80,501 total - Disposition to Issuer
Common Stock
2017-01-04$66.50/sh−7,221$480,197→ 73,280 total - Tax Payment
Common Stock
2017-01-04$66.50/sh−5,028$334,362→ 68,252 total - Exercise/Conversion
Performance Stock Appreciation Right
2017-01-04−21,589→ 64,769 totalExercise: $22.24Exp: 2019-11-05→ Common Stock (21,589 underlying)
Holdings
- 2,100(indirect: By Trust)
Common Stock
- 2,100(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Represents shares forfeited to the company in connection with the satisfaction of tax liabilities incurred upon the exercise of performance stock appreciation rights.
- [F2]This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on November 19, 2016 and effective on January 3, 2017.
- [F3]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.
Documents
Issuer
BLACKBAUD INC
CIK 0001280058
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001280058
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 9:41 PM ET
- Size
- 13.6 KB