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BLACKBAUD INC — Director's Dealing 2013
May 7, 2013
31361_dirs_2013-05-07_084f731d-df1f-4093-a662-f5cbdfcae37b.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: 2013-05-03
Reporting Person: Chardon Marc (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-03 | Common Stock | M | 100000 | $21.44 | Acquired | 158883 | Direct |
| 2013-05-03 | Common Stock | D | 70504 | $30.41 | Disposed | 88379 | Direct |
| 2013-05-03 | Common Stock | F | 14439 | $30.41 | Disposed | 73940 | Direct |
| 2013-05-03 | Common Stock | M | 48974 | $22.34 | Acquired | 122914 | Direct |
| 2013-05-03 | Common Stock | D | 35978 | $30.41 | Disposed | 86936 | Direct |
| 2013-05-03 | Common Stock | F | 6362 | $30.41 | Disposed | 80574 | Direct |
| 2013-05-03 | Common Stock | S | 21691 | $30.91 | Disposed | 58883 | Direct |
| 2013-05-03 | Common Stock | S | 1400 | $31.00 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-03 | Stock Appreciation Right | $21.44 | M | 100000 | Disposed | 2017-02-10 | Common Stock (100000) | Direct |
| 2013-05-03 | Stock Appreciation Right | $22.34 | M | 48974 | Disposed | 2016-11-11 | Common Stock (48974) | Direct |
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 | $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: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the exercise of stock appreciation rights.
F2: This transaction was executed in multiple trades ranging from $30.69 to $31.30. 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.
F3: Represents a stock appreciation right which vested 100% on November 10, 2010, and shall be settled in stock at time of exercise.
F4: 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.
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 100% on November 10, 2011, and shall be settled in stock at time of exercise.
F7: 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.
F8: 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.