4//SEC Filing
BLACKBAUD INC 4
Accession 0001209191-15-014630
$BLKBCIK 0001280058operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 5:25 PM ET
Size
13.4 KB
Accession
0001209191-15-014630
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Holman Brad John
Pres Int'l Business Unit
Transactions
- Award
Common Stock
2015-02-13+4,573→ 38,468 total - Sale
Common Stock
2015-02-13$44.55/sh−617$27,487→ 22,488 total - Award
Common Stock
2015-02-13+11,407→ 33,895 total
Holdings
- 5,581
Stock Appreciation Right
Exercise: $26.79Exp: 2017-11-07→ Common Stock (5,581 underlying) - 11,444
Stock Appreciation Right
Exercise: $28.06Exp: 2018-11-09→ Common Stock (11,444 underlying) - 40,252
Performance Stock Appreciation Right
Exercise: $22.24Exp: 2019-11-05→ Common Stock (40,252 underlying)
Footnotes (6)
- [F1]This transaction was executed in multiple trades at prices ranging from $44.55 to $44.56. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F2]Represents a restricted stock award which vests in four equal annual installments beginning on February 13, 2016, subject to continued employment.
- [F3]On February 13, 2015, the Compensation Committee determined that these performance based restricted stock units ("PRSUs") vested based on the Issuer achieving performance goals for the period ending December 31, 2014, for PRSUs granted in 2014.
- [F4]Represents a performance stock appreciation right ("PSAR") which vests in four equal annual installments beginning on November 6, 2013 since the Issuer maintained a 25% increase in its stock price over $22.24 for 30 consecutive days prior to November 6, 2013. The PSARs shall only vest subject to continued employment and shall be settled in stock at the time of exercise.
- [F5]Represents a stock appreciation right which vested in four equal annual installments beginning on November 8, 2011, subject to continued employment and an exercise price less than the closing price of the Issuer's common stock on each vesting date. The stock appreciation right shall be settled in stock at the time of exercise.
- [F6]Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment and an exercise price less than the closing price of the Issuer's common stock on each vesting date. The stock appreciation right shall be settled in stock at the time of exercise.
Documents
Issuer
BLACKBAUD INC
CIK 0001280058
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001280058
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 5:25 PM ET
- Size
- 13.4 KB