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BLACKBAUD INC — Director's Dealing 2012
Nov 16, 2012
31361_dirs_2012-11-16_e0b43625-8ad6-4497-ae9c-6fa89de1cb1e.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: 2012-11-14
Reporting Person: Chardon Marc (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-14 | Common Stock | A | 6462 | $0.00 | Acquired | 81987 | Direct |
| 2012-11-14 | Common Stock | F | 2808 | $22.20 | Disposed | 79179 | Direct |
| 2012-11-14 | Common Stock | S | 10000 | $21.26 | Disposed | 69179 | Direct |
| 2012-11-15 | Common Stock | S | 10296 | $21.35 | Disposed | 58883 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2800 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $26.17 | 2015-02-13 | Common Stock (55380) | 55380 | Direct |
| Stock Appreciation Right | $12.40 | 2015-11-08 | Common Stock (4750) | 4750 | Direct |
| Stock Appreciation Right | $22.34 | 2016-11-11 | Common Stock (65299) | 65299 | Direct |
| Stock Appreciation Right | $21.44 | 2017-02-10 | Common Stock (100000) | 100000 | Direct |
| Stock Appreciation Right | $22.58 | 2017-05-10 | Common Stock (100000) | 100000 | Direct |
| Stock Appreciation Right | $24.00 | 2017-08-10 | Common Stock (100000) | 100000 | Direct |
| Stock Appreciation Right | $26.79 | 2017-11-07 | Common Stock (104167) | 104167 | Direct |
Footnotes
F1: The Issuer's Compensation Committee determined that these performance-based restricted stock rights vested based on the Issuer achieving financial performance goals for the period ending November 9, 2012.
F2: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of the performance-based restricted stock rights.
F3: This transaction was executed in multiple trades ranging from $21.10 to $21.46. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F4: This transaction was executed in multiple trades ranging from $21.06 to $21.44. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F5: Represents a stock appreciation right which vested in four equal installments beginning on February 12, 2009, subject to continued employment, and shall be settled in stock at time of exercise.
F6: Represents a stock appreciation right which vested 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 installments beginning on November 10, 2010, 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 vested 100% on November 10, 2011, and shall be settled in stock at time of exercise.
F10: Represents a stock appreciation right which vested 100% on November 12, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
F11: 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.