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BLACKBAUD INC — Director's Dealing 2025
Feb 20, 2025
31361_dirs_2025-02-20_370599c2-2433-4c23-bc6e-a2fa39843153.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: 2025-02-18
Reporting Person: McDearis Kevin (EVP & Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-18 | Common Stock | A | 4059 | — | Acquired | 57729 | Direct |
| 2025-02-19 | Common Stock | A | 15640 | — | Acquired | 73369 | Direct |
| 2025-02-19 | Common Stock | F | 1849 | $70.96 | Disposed | 71520 | Direct |
Footnotes
F1: The Compensation Committee determined that a portion of performance restricted stock units ("PRSUs") granted on February 13, 2023 would vest in full on February 18, 2025 based on the Issuer achieving performance goals for the period ended December 31, 2024, subject to continued employment. The remaining PRSUs granted in 2023 will vest dependent on the achievement of performance goals for the period ended December 31, 2025, subject to continued employment.
F2: Represents a restricted stock award which vests in three equal annual installments beginning on February 19, 2026, subject to continued employment.
F3: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 13, 2023.