BLACKBAUD INC — Director's Dealing 2012

Nov 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKBAUD INC (BLKB)
CIK: 0001280058
Period of Report: 2012-11-06

Reporting Person: Moye Joseph D (Pres.,Enterprise Cust Bus.Unit)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-06	Common Stock	A	16393	$0.00	Acquired	16393	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-06	Stock Appreciation Right	$22.24	A	43901	Acquired	2019-11-06	Common Stock (43901)	Direct
2012-11-06	Performance Stock Appreciation Right	$22.24	A	36603	Acquired	2019-11-06	Common Stock (36603)	Direct

Footnotes

F1: Represents a restricted stock award which vests in four equal annual installments beginning on November 6, 2013, subject to continued employment.

F2: Represents a stock appreciation right which vests in four equal installments beginning on November 6, 2013, subject to continued employment, and shall be settled in stock at time of exercise.

F3: For full text of this footnote 3, see Remarks.