SEC Form 4 · accession 0001209191-17-051418
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
Aug 31, 2017
Accepted (ET)
Sep 5, 2017 · 5:12 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 Stock | Aug 31, 2017 | M | 15,493 | $28.06 | A | 50,756 | D | |
| Common Stock | Aug 31, 2017 | D | 5,144 | $84.52 | D | 45,612 | D | |
| Common Stock | Aug 31, 2017 | F | 5,067 | $84.52 | D | 40,545 | D | |
| Common StockF1 | Aug 31, 2017 | S | 5,282 | $84.24 | D | 35,263 | 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 RightF2 | $28.06 | Aug 31, 2017 | M | 15,493 | D | — | Nov 9, 2018 | Common Stock | 15,493 | 0 | D |
| Stock Appreciation RightF3 | $22.24 | holding | — | — | — | — | Nov 5, 2019 | Common Stock | 14,600 | 14,600 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $84.10 to $84.45. 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 trades were effected.
- F2Represents a stock appreciation right which vested in four equal annual installments beginning on November 10, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
- F3Represents a stock appreciation right which vested in four equal annual installments beginning on November 6, 2013, subject to continued employment, and shall be settled in stock at time of exercise.