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BLACKBAUD INC Director's Dealing 2013

Aug 13, 2013

31361_dirs_2013-08-13_3f432f93-03bb-4c35-9d37-b8cf49dc6699.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: 2013-08-12

Reporting Person: Chardon Marc (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-08-12 Common Stock S 46738 $35.35 Disposed 58883 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $26.79 2017-11-07 Common Stock (52084) 52084 Direct
Stock Appreciation Right $22.34 2016-11-11 Common Stock (16325) 16325 Direct

Footnotes

F1: This transaction was executed in multiple trades ranging from $35.01 to $35.49. 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.

F2: 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.

F3: 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.