Boruff Brian 4
4 · BLACKBAUD INC · Filed Feb 16, 2018
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Boruff Brian
Pres.,Enterprise Cust Bus.Unit
Transactions
- Award
Common Stock
2018-02-14+13,062→ 66,902 total - Tax Payment
Common Stock
2018-02-15$97.33/sh−1,252$121,857→ 65,650 total - Tax Payment
Common Stock
2018-02-15$97.33/sh−2,019$196,509→ 63,631 total
Footnotes (3)
- [F1]The Compensation Committee determined that performance restricted stock units ("PRSUs") granted in 2017 would vest in three equal annual installments beginning on February 14, 2018 based on the Issuer achieving performance goals for the period ended December 31, 2017.
- [F2]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 14, 2017.
- [F3]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 14, 2017.