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BLACKBAUD INC — Director's Dealing 2011
Feb 16, 2011
31361_dirs_2011-02-16_13e37017-ba17-4c0e-bff0-b58f28953728.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BLACKBAUD INC (BLKB)
CIK: 0001280058
Period of Report: 2011-02-14
Reporting Person: Chardon Marc (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-14 | Common Stock | A | 859 | $0.00 | Acquired | 71489 | Direct |
| 2011-02-14 | Common Stock | F | 324 | $26.82 | Disposed | 71165 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $16.10 | 2012-11-28 | Common Stock (267796) | 267796 | Direct |
| Stock Appreciation Right | $26.17 | 2015-02-13 | Common Stock (55380) | 55380 | Direct |
| Stock Appreciation Right | $12.40 | 2015-11-08 | Common Stock (9500) | 9500 | Direct |
| Stock Appreciation Right | $22.34 | 2016-11-11 | Common Stock (65299) | 65299 | Direct |
| Stock Appreciation Right | $26.79 | 2017-11-07 | Common Stock (104167) | 104167 | Direct |
| Stock Appreciation Right | $21.44 | 2020-02-10 | Common Stock (100000) | 100000 | Direct |
| Stock Appreciation Right | $22.58 | 2020-05-10 | Common Stock (100000) | 100000 | Direct |
| Stock Appreciation Right | $24.00 | 2020-08-10 | Common Stock (100000) | 100000 | Direct |
Footnotes
F1: On February 14, 2011, the Compensation Committee determined that these performance-based restricted stock rights vested based on the company achieving a financial performance goal for the period ending December 31, 2010.
F2: Represents shares forfeited to the company in connection with the satisfaction of tax liabilities incurred upon the vesting of the performance-based restricted stock rights.
F3: The option vested 1/4 on November 28, 2006 and 1/12 every three months thereafter.
F4: Represents a stock appreciation right which vests in four equal annual installments beginning on February 12, 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 7, 2009, subject to continued employment, and shall be settled in stock at time of exercise.
F6: 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.
F7: 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.
F8: Represents a stock appreciation right which vested 100% on November 10, 2010, and shall be settled in stock at time of exercise.
F9: Represents a stock appreciation right which will vest 100% on November 10, 2011, subject to continued employment, and shall be settled in stock at time of exercise.
F10: Represents a stock appreciation right which will vest 100% on November 12, 2012, subject to continued employment, and shall be settled in stock at time of exercise.