BLACKBAUD INC 4
4 · BLACKBAUD INC · Filed May 25, 2017
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Boruff Brian
Pres.,Enterprise Cust Bus.Unit
Transactions
- Tax Payment
Common Stock
2016-05-16$59.68/sh−1,185$70,721→ 53,325 total - Award
Common Stock
2016-05-14+10,346→ 54,510 total - Tax Payment
Common Stock
2017-05-15$79.82/sh−1,663$132,741→ 51,662 total
Footnotes (2)
- [F1]On February 11, 2016, the Compensation Committee determined that performance based restricted stock units ("PRSUs") granted in 2015 would vest in three equal annual installments beginning on May 14, 2016 based on the Issuer achieving performance goals for the period ended December 31, 2015.
- [F2]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted in 2015.