SEC Form 4 · accession 0001209191-15-014616
BLACKBAUD INC · BLKB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P Gianoni
Officer — President and CEO · Director
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001280058
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2015 | A | 57,038 | $0.00 | A | 98,190 | D | |
| Common StockF2 | Feb 13, 2015 | A | 13,718 | $0.00 | A | 111,908 | D | |
| Common StockF3 | Feb 17, 2015 | F | 4,933 | $44.45 | D | 106,975 | D | |
| Common StockF4 | Feb 17, 2015 | F | 3,600 | $44.45 | D | 103,375 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a restricted stock award which vests in four equal annual installments beginning on February 13, 2016, subject to continued employment.
- F2On 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.
- F3Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs.
- F4Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 14, 2014.