BLACKBAUD INC — Director's Dealing 2013

Nov 21, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKBAUD INC (BLKB)
CIK: 0001280058
Period of Report: 2013-11-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-19	Common Stock	G	700	$0.00	Disposed	26439	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$22.24	2019-11-06	Common Stock (32934)	32934	Direct
Performance Stock Appreciation Right	$22.24	2019-11-06	Common Stock (27455)	27455	Direct

Footnotes

F1: 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.

F2: For full text of this footnote 2, see Remarks.