SEC Form 4 · accession 0001209191-18-009667
BLACKBAUD INC · BLKB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony W Boor
Officer — CFO & Exec VP of Fin. & Admin.
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 5:20 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 Stock | Feb 9, 2018 | M | 22,871 | $22.24 | A | 125,224 | D | |
| Common Stock | Feb 9, 2018 | D | 5,347 | $95.13 | D | 119,877 | D | |
| Common Stock | Feb 9, 2018 | F | 6,570 | $95.13 | D | 113,307 | D | |
| Common StockF1 | Feb 9, 2018 | S | 2,100 | $93.02 | D | 111,207 | D | |
| Common StockF2 | Feb 9, 2018 | S | 3,179 | $94.09 | D | 108,028 | D | |
| Common StockF3 | Feb 9, 2018 | S | 4,475 | $94.94 | D | 103,553 | D | |
| Common StockF4 | Feb 9, 2018 | S | 1,200 | $95.80 | D | 102,353 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock Appreciation RightF5 | $22.24 | Feb 9, 2018 | M | 22,871 | D | — | Nov 6, 2019 | Common Stock | 22,871 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $93.00 to $93.06. 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.
- F2This transaction was executed in multiple trades at prices ranging from $94.00 to $94.21. 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.
- F3This transaction was executed in multiple trades at prices ranging from $94.28 to $95.22. 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.
- F4This transaction was executed in multiple trades at prices ranging from $95.30 to $96.28. 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.
- F5Represents a performance stock appreciation right ("PSAR") which vested 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 were settled in stock at the time of exercise.