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BLACKBAUD INC Director's Dealing 2011

Nov 14, 2011

31361_dirs_2011-11-14_0a68fa11-3a2d-460d-8da5-3200b7a0a677.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: 2011-11-10

Reporting Person: Eggers Jana (Sen VP Product Mgmt & Mktg)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-11-10 Common Stock A 8446 $28.06 Acquired 14696 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-11-10 Stock Appreciation Right $28.06 A 28169 Acquired 2018-11-09 Common Stock (28169) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $25.43 2017-11-15 Common Stock (22321) 22321 Direct
Stock Appreciation Right $26.82 2018-02-14 Common Stock (10120) 10120 Direct

Footnotes

F1: Represents a restricted stock award which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment.

F2: Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment, and shall be settled in stock at time of exercise.

F3: Represents a stock appreciation right which vests in four equal annual installments beginning on November 16, 2011, 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 February 14, 2012, subject to continued employment, and shall be settled in stock at time of exercise.