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BLACKBAUD INC Director's Dealing 2014

Feb 18, 2014

31361_dirs_2014-02-18_014b8c50-8086-4941-b7f2-a88ec99048d8.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: 2014-02-14

Reporting Person: MISTRETTA JOHN J (Senior VP of Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-02-14 Common Stock A 1574 $0.00 Acquired 37566 Direct
2014-02-18 Common Stock F 625 $32.46 Disposed 36941 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $26.11 2014-11-07 Common Stock (43333) 43333 Direct
Stock Appreciation Right $12.40 2015-11-08 Common Stock (16251) 16251 Direct
Stock Appreciation Right $22.34 2016-11-11 Common Stock (22000) 22000 Direct
Stock Appreciation Right $26.79 2017-11-07 Common Stock (22321) 22321 Direct
Stock Appreciation Right $28.06 2018-11-09 Common Stock (22887) 22887 Direct
Performance Stock Appreciation Right $22.24 2019-11-05 Common Stock (80504) 80504 Direct

Footnotes

F1: On February 14, 2014, the Compensation Committee determined that these performance-based restricted stock units ("PRSUs") vested based on the Issuer achieving performance goals for the period ending December 31, 2013, for PRSUs granted in 2011.

F2: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities upon the vesting of PRSUs.

F3: Represents a stock appreciation right which vested in four equal annual installments beginning on November 6, 2008 and shall be settled in stock at time of exercise.

F4: Represents a stock appreciation right which vested in four equal installments beginning on November 7, 2009, 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 annual installments beginning on November 10, 2010, 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 8, 2011, subject to continued employment, and shall be settled in stock at time of exercise.

F7: 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.

F8: For full text of this footnote 8, see Remarks.