AI assistant
BLACKBAUD INC — Director's Dealing 2011
Feb 16, 2011
31361_dirs_2011-02-16_0e586ebb-7d5e-4929-b81d-32096bd5be6b.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: 2011-02-14
Reporting Person: Cumbaa Charles T (Pres Enterprise Cust Bus. Unit)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-14 | Common Stock | A | 859 | $0.00 | Acquired | 28971 | Direct |
| 2011-02-14 | Common Stock | F | 324 | $26.82 | Disposed | 28647 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1750 | Indirect |
| Common Stock | 1750 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $26.75 | 2011-11-10 | Common Stock (24774) | 24774 | Direct |
| Stock Appreciation Right | $26.11 | 2014-11-07 | Common Stock (53333) | 53333 | Direct |
| Stock Appreciation Right | $12.40 | 2015-11-08 | Common Stock (26667) | 26667 | Direct |
| Stock Appreciation Right | $22.34 | 2016-11-11 | Common Stock (25500) | 25500 | Direct |
| Stock Appreciation Right | $26.79 | 2017-11-07 | Common Stock (26042) | 26042 | 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: 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 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.
F6: 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.