AI assistant
BLACKBAUD INC — Director's Dealing 2010
Nov 24, 2010
31361_dirs_2010-11-24_81a82e47-1030-45ae-9263-e69fda9c4913.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BLACKBAUD INC (BLKB)
CIK: 0001280058
Period of Report: 2010-11-24
Reporting Person: Zink Gerard J (Senior VP of Customer Support)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-11-24 | Common Stock | M | 10833 | $12.40 | Acquired | 28250 | Direct |
| 2010-11-24 | Common Stock | D | 5167 | $26.00 | Disposed | 23083 | Direct |
| 2010-11-24 | Common Stock | F | 1896 | $26.00 | Disposed | 21187 | Direct |
| 2010-11-24 | Common Stock | S | 3770 | $26.00 | Disposed | 17417 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-11-24 | Stock Appreciation Right | $12.40 | M | 10833 | Disposed | 2015-11-08 | Common Stock (10833) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $26.79 | 2017-11-07 | Common Stock (21577) | 21577 | Direct |
| Stock Appreciation Right | $26.75 | 2011-11-10 | Common Stock (24774) | 24774 | Direct |
| Stock Appreciation Right | $26.11 | 2014-11-07 | Common Stock (43333) | 43333 | Direct |
| Stock Appreciation Right | $22.34 | 2019-11-10 | Common Stock (22000) | 22000 | Direct |
Footnotes
F1: This exercise and sale was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on November 23, 2010 and effective on November 24, 2010.
F2: Represents a stock appreciation right which vests in four equal annual installments beginning on November 8, 2011, subject to continued employment, and shall be settled in stock at time of exercise. These shares were previously erroneously referred to as a restricted stock award in the footnote to the reporting persons Form 4.
F3: Represents a stock appreciation right which vests in four equal annual installments beginning on November 6, 2008, subject to continued employment, and shall be settled in stock at time of exercise.
F4: Represents a stock appreciation right which vests in four equal annual installments beginning on November 7, 2009, subject to continued employment, and shall be settled in stock at time of exercise.
F5: Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2010, subject to continued employment, and shall be settled in stock at time of exercise.