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BLACKBAUD INC — Director's Dealing 2015
Nov 12, 2015
31361_dirs_2015-11-12_4483c37a-2bf9-46d9-bfca-b21ebfb502bf.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: 2015-11-09
Reporting Person: MOONEY KEVIN W (EVP, Pres Gen Markets Bus Unit)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-09 | Common Stock | F | 968 | $63.11 | Disposed | 40470 | Direct |
| 2015-11-09 | Common Stock | F | 1116 | $63.11 | Disposed | 39354 | Direct |
| 2015-11-12 | Common Stock | F | 726 | $62.64 | Disposed | 38628 | 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 10, 2011.
F4: 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.
F5: 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.
F6: 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.