SEC Form 4 · accession 0001209191-15-079797
BLACKBAUD INC · BLKB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon W Olson
Officer — SVP and General Counsel
Period of report
Nov 9, 2015
Accepted (ET)
Nov 12, 2015 · 5:38 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 | Nov 9, 2015 | F | 353 | $63.11 | D | 13,546 | D | |
| Common StockF2 | Nov 9, 2015 | F | 419 | $63.11 | D | 13,127 | D | |
| Common StockF3 | Nov 12, 2015 | F | 400 | $62.64 | D | 12,727 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF4 | $22.34 | holding | — | — | — | — | Nov 11, 2016 | Common Stock | 7,000 | 7,000 | D |
| Stock Appreciation RightF5 | $26.79 | holding | — | — | — | — | Nov 7, 2017 | Common Stock | 12,277 | 12,277 | D |
| Stock Appreciation RightF6 | $28.06 | holding | — | — | — | — | Nov 9, 2018 | Common Stock | 15,493 | 15,493 | D |
| Stock Appreciation RightF7 | $22.24 | holding | — | — | — | — | Nov 5, 2019 | Common Stock | 14,600 | 14,600 | D |
Explanation of responses
- F1Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 6, 2012.
- F2Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 6, 2013.
- F3Represents shares forfeited to the company in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 10, 2011.
- F4Represents a stock appreciation right which vested in four equal annual installments beginning on November 10, 2010, subject to continued employment, and shall be settled in stock at time of exercise.
- F5Represents a stock appreciation right which vested in four equal annual installments beginning on November 8, 2011, subject to continued employment, and shall be settled in stock at time of exercise.
- F6Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
- F7Represents a stock appreciation right which vests in four equal annual installments beginning on November 6, 2013, subject to continued employment, and shall be settled in stock at time of exercise.