BLACKBAUD INC — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKBAUD INC (BLKB)
CIK: 0001280058
Period of Report: 2021-02-16

Reporting Person: Gianoni Michael P (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-16	Common Stock	F	4128	$76.54	Disposed	400152	Direct
2021-02-16	Common Stock	F	4919	$76.54	Disposed	395233	Direct
2021-02-16	Common Stock	F	7062	$76.54	Disposed	388171	Direct
2021-02-16	Common Stock	F	10282	$76.54	Disposed	377889	Direct
2021-02-16	Common Stock	F	5808	$76.54	Disposed	372081	Direct
2021-02-16	Common Stock	F	9193	$76.54	Disposed	362888	Direct
2021-02-16	Common Stock	F	4382	$76.54	Disposed	358506	Direct

Footnotes

F1: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of performance restricted stock units ("PRSUs") granted February 12, 2018.

F2: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 12, 2018.

F3: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 12, 2019.

F4: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 12, 2019.

F5: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 12, 2020.

F6: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 12, 2020.

F7: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 14, 2017.