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BLACKBAUD INC — Director's Dealing 2014
Nov 12, 2014
31361_dirs_2014-11-12_54023b01-4c46-4bdb-8dc6-612c9ef55fbc.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: 2014-11-07
Reporting Person: MOONEY KEVIN W (Pres Gen Markets Business Unit)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-11-07 | Common Stock | F | 2818 | $44.97 | Disposed | 39048 | Direct |
| 2014-11-07 | Common Stock | F | 3247 | $44.97 | Disposed | 35801 | Direct |
| 2014-11-10 | Common Stock | F | 1823 | $44.82 | Disposed | 33978 | Direct |
| 2014-11-12 | Common Stock | F | 2111 | $44.75 | Disposed | 31867 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $26.79 | 2017-11-07 | Common Stock (8371) | 8371 | Direct |
| Stock Appreciation Right | $28.06 | 2018-11-09 | Common Stock (14085) | 14085 | Direct |
| Performance Stock Appreciation Right | $22.24 | 2019-11-05 | Common Stock (68611) | 68611 | Direct |
Footnotes
F1: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 6, 2012.
F2: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 6, 2013.
F3: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 8, 2010.
F4: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 10, 2011.
F5: Represents a stock appreciation right which vested in four equal annual installments beginning on November 8, 2011, subject to continued employment, and shall be settled in stock at time of exercise.
F6: Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
F7: Represents a performance stock appreciation right ("PSAR") which vests in four equal annual installments beginning on November 6, 2013 since the Issuer maintained a 25% increase in its stock price over $22.24 for 30 consecutive days prior to November 6, 2013. The PSARs shall only vest subject to continued employment and shall be settled in stock at the time of exercise.