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BLACKBAUD INC — Director's Dealing 2015
Aug 14, 2015
31361_dirs_2015-08-14_fa5c17d4-385a-4fd3-a68f-3f3b5bafa973.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: 2015-08-13
Reporting Person: Cumbaa Charles T (SVP of Business Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-13 | Common Stock | G | 300 | $0.00 | Disposed | 48313 | Direct |
| 2015-08-13 | Common Stock | G | 150 | $0.00 | Acquired | 2100 | Indirect |
| 2015-08-13 | Common Stock | G | 150 | $0.00 | Acquired | 2100 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $26.79 | 2017-11-07 | Common Stock (16042) | 16042 | Direct |
| Stock Appreciation Right | $28.06 | 2018-11-09 | Common Stock (24648) | 24648 | Direct |
| Performance Stock Appreciation Right | $22.24 | 2019-11-05 | Common Stock (86358) | 86358 | Direct |
Footnotes
F1: 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.
F2: 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.
F3: 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.