SEC Form 4 · accession 0001209191-18-010143
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
Feb 12, 2018
Accepted (ET)
Feb 14, 2018 · 6:22 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 | 691 | $93.58 | D | 33,975 | D | |
| Common StockF2 | Feb 12, 2018 | F | 861 | $93.58 | D | 33,114 | D | |
| Common StockF3 | Feb 12, 2018 | A | 6,594 | $0.00 | A | 39,708 | 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 | $22.24 | 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 February 11, 2016.
- F2Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of performance based 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.
- F4Represents 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.