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BLACKBAUD INC Director's Dealing 2024

Feb 14, 2024

31361_dirs_2024-02-14_873d0409-9641-46dc-9e97-87666e196ce6.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: 2024-02-12

Reporting Person: Benjamin David J (EVP, Chief Commercial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-12 Common Stock F 2630 $82.05 Disposed 66202 Direct
2024-02-12 Common Stock F 1608 $82.05 Disposed 64594 Direct
2024-02-12 Common Stock A 5430 Acquired 70024 Direct
2024-02-12 Common Stock F 2630 $82.05 Disposed 67394 Direct
2024-02-13 Common Stock F 1466 $82.65 Disposed 65928 Direct

Footnotes

F1: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 10, 2021.

F2: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate performance restricted stock units ("PRSUs") granted February 10, 2021.

F3: The Compensation Committee determined that a portion of PRSUs granted on February 10, 2021 would vest in full on February 12, 2024 based on the Issuer achieving performance goals for the period ended December 31, 2023, subject to continued employment.

F4: 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.