BLACKBAUD INC — Director's Dealing 2021

Feb 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKBAUD INC (BLKB)
CIK: 0001280058
Period of Report: 2020-05-01

Reporting Person: BOOR ANTHONY W (CFO & Exec VP of Fin. & Admin.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-01	Common Stock	A	279	$0.00	Acquired	106752	Direct
2021-02-10	Common Stock	A	24438	$0.00	Acquired	131190	Direct
2021-02-10	Common Stock	A	7166	$0.00	Acquired	138356	Direct
2021-02-12	Common Stock	A	22311	$0.00	Acquired	160667	Direct

Footnotes

F1: Represents restricted stock units granted on May 1, 2020 that will vest in full on May 1, 2021, subject to continued employment.

F2: Represents a restricted stock award which vests in four equal annual installments beginning on February 10, 2022, subject to continued employment.

F3: The Compensation Committee determined that performance restricted stock awards granted in 2020 would vest in full on May 1, 2021 based on the Issuer achieving performance goals for the period ended December 31, 2020, subject to continued employment.

F4: The Compensation Committee determined that performance restricted stock units granted in 2020 would vest in three equal annual installments beginning on February 12, 2021 based on the Issuer achieving performance goals for the period ended December 31, 2020.