SEC Form 4 · accession 0001209191-18-010128
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 12, 2018
Accepted (ET)
Feb 14, 2018 · 6:16 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 12, 2018 | F | 1,955 | $93.58 | D | 256,966 | D | |
| Common StockF2 | Feb 12, 2018 | F | 8,236 | $93.58 | D | 248,730 | D | |
| Common StockF3 | Feb 12, 2018 | A | 42,203 | $0.00 | A | 290,933 | D | |
| Common StockF4 | Feb 13, 2018 | S | 4,225 | $94.79 | D | 286,708 | D |
Table II — derivative securities
No Table II lines on this filing.
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 February 11, 2016.
- F2Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of performance restricted stock units granted February 11, 2016.
- F3Represents a restricted stock award which vests in four equal annual installments beginning on February 12, 2019, subject to continued employment.
- F4This transaction was executed in multiple trades at prices ranging from $94.82 to $94.75. 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.