SEC Form 4 · accession 0001209191-17-035389
BLACKBAUD INC · BLKB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Boruff
Officer — EVP & Pres Ent. Market Group
Period of report
May 14, 2016
Accepted (ET)
May 25, 2017 · 4:29 pm EDT
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 | May 14, 2016 | A | 10,346 | $0.00 | A | 54,510 | D | |
| Common StockF2 | May 16, 2016 | F | 1,185 | $59.68 | D | 53,325 | D | |
| Common StockF2 | May 15, 2017 | F | 1,663 | $79.82 | D | 51,662 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 11, 2016, the Compensation Committee determined that performance based restricted stock units ("PRSUs") granted in 2015 would vest in three equal annual installments beginning on May 14, 2016 based on the Issuer achieving performance goals for the period ended December 31, 2015.
- F2Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted in 2015.