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BLACKBAUD INC — Director's Dealing 2014
Nov 12, 2014
31361_dirs_2014-11-12_8be42828-1037-4f0d-9db5-abe6161978b5.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: BOOR ANTHONY W (CFO and Senior VP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-11-07 | Common Stock | F | 2818 | $44.97 | Disposed | 32677 | Direct |
| 2014-11-07 | Common Stock | F | 3896 | $44.97 | Disposed | 28781 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $28.78 | 2018-11-13 | Common Stock (23553) | 23553 | Direct |
| Performance Stock Appreciation Right | $22.24 | 2019-11-06 | 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 a stock appreciation right which vests in four equal annual installments beginning on November 14, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
F4: 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.