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BLACKBAUD INC Director's Dealing 2017

Feb 16, 2017

31361_dirs_2017-02-16_90c3f40b-3218-4d5a-989b-914bc2c635a7.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: 2017-02-14

Reporting Person: Olson Jon W (SVP and General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-14 Common Stock A 7562 $0.00 Acquired 35460 Direct
2017-02-15 Common Stock F 197 $72.16 Disposed 35263 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $26.79 2017-11-07 Common Stock (12277) 12277 Direct
Stock Appreciation Right $28.06 2018-11-09 Common Stock (15493) 15493 Direct
Stock Appreciation Right $22.24 2019-11-05 Common Stock (14600) 14600 Direct

Footnotes

F1: Represents a restricted stock award which vests in four equal annual installments beginning on February 14, 2018, subject to continued employment.

F2: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of performance restricted stock units granted February 14, 2014.

F3: 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.

F4: Represents a stock appreciation right which vested in four equal annual installments beginning on November 10, 2012, 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 6, 2013, subject to continued employment, and shall be settled in stock at time of exercise.