BLACKBAUD INC — Director's Dealing 2022

Mar 3, 2022

SEC Form 4/A — Form 4/A

Issuer: BLACKBAUD INC (BLKB)
CIK: 0001280058
Period of Report: 2022-02-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-26	Common Stock	A	6759	$0.00	Acquired	106167	Direct
2022-02-24	Common Stock	A	21863	$0.00	Acquired	128030	Direct
2022-02-23	Common Stock	A	14163	$0.00	Acquired	142193	Direct
2022-02-23	Common Stock	A	4770	$0.00	Acquired	146963	Direct
2022-02-24	Common Stock	F	2189	$68.08	Disposed	144774	Direct
2022-02-24	Common Stock	F	2211	$68.08	Disposed	142563	Direct

Footnotes

F1: Represents performance restricted stock units ("PRSUs") granted on February 26, 2021 that vested in full on February 26, 2022.

F2: Represents a restricted stock award which vests in three equal annual installments beginning on February 24, 2023, subject to continued employment.

F3: The Compensation Committee determined that PRSUs granted on February 10, 2021 would vest in three equal annual installments, initially on February 23, 2022 with subsequent vests on February 10, 2023 and 2024, based on the Issuer achieving performance goals for the period ended December 31, 2021.

F4: The Compensation Committee determined that a portion of PRSUs granted on February 10, 2021 would vest in full on February 23, 2022 based on the Issuer achieving performance goals for the period ended December 31, 2021, subject to continued employment. The remaining PRSUs granted on February 10, 2021 will vest dependent on the achievement of performance goals for the periods ended December 31, 2022 and December 31, 2023, subject to continued employment.

F5: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 10, 2021.