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BLACKBAUD INC — Director's Dealing 2011
Oct 31, 2011
31361_dirs_2011-10-31_85ff00aa-fa6d-40f8-89b1-a7a458312e43.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: 2011-10-27
Reporting Person: Strenck Heidi (Senior VP and Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-10-27 | Common Stock | M | 5500 | $22.34 | Acquired | 24482 | Direct |
| 2011-10-27 | Common Stock | D | 4261 | $28.84 | Disposed | 20221 | Direct |
| 2011-10-27 | Common Stock | F | 415 | $28.84 | Disposed | 19806 | Direct |
| 2011-10-27 | Common Stock | S | 824 | $28.84 | Disposed | 18982 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-10-27 | Stock Appreciation Right | $22.34 | M | 5500 | Disposed | 2019-11-10 | Common Stock (5500) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $26.11 | 2014-11-07 | Common Stock (27333) | 27333 | Direct |
| Stock Option (Right to Buy) | $8.60 | 2014-07-30 | Common Stock (6000) | 6000 | Direct |
| Stock Appreciation Right | $12.40 | 2015-11-08 | Common Stock (10834) | 10834 | Direct |
| Stock Appreciation Right | $26.79 | 2017-11-07 | Common Stock (22321) | 22321 | Direct |
Footnotes
F1: Represents shares forfeited to the company in connection with the satisfaction of tax liabilities incurred upon the exercise of stock appreciation rights.
F2: This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person and effective on August 31, 2011.
F3: 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.
F4: 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.
F5: The option vested in four equal installments beginning on July 30, 2005.
F6: Represents a stock appreciation right which vests in four equal installments beginning on November 7, 2009, 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.