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BLACKBAUD INC — Director's Dealing 2024
Feb 28, 2024
31361_dirs_2024-02-28_458071f3-de5e-49a5-9df8-4b5599256612.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: 2024-02-26
Reporting Person: Benjamin David J (EVP, Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-26 | Common Stock | A | 5344 | — | Acquired | 97662 | Direct |
| 2024-02-26 | Common Stock | F | 2487 | $68.61 | Disposed | 95175 | Direct |
| 2024-02-26 | Common Stock | F | 1329 | $68.61 | Disposed | 93846 | Direct |
| 2024-02-26 | Common Stock | F | 2688 | $68.61 | Disposed | 91158 | Direct |
Footnotes
F1: The Compensation Committee determined that a portion of performance restricted stock units ("PRSUs") granted on February 24, 2022 would vest in full on February 26, 2024 based on the Issuer achieving performance goals for the period ended December 31, 2023, subject to continued employment. The remaining PRSUs granted on February 24, 2022 will vest dependent on the achievement of performance goals for the period ended December 31, 2024, subject to continued employment.
F2: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 24, 2022.
F3: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 24, 2022.