SEC Form 4 · accession 0001209191-18-011011
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 14, 2018
Accepted (ET)
Feb 16, 2018 · 6:23 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 14, 2018 | A | 19,590 | $0.00 | A | 132,011 | D | |
| Common StockF2 | Feb 14, 2018 | F | 2,644 | $95.20 | D | 129,367 | D | |
| Common StockF3 | Feb 14, 2018 | F | 3,525 | $95.20 | D | 125,842 | D | |
| Common StockF4 | Feb 15, 2018 | F | 2,629 | $97.33 | D | 123,213 | D | |
| Common StockF5 | Feb 15, 2018 | F | 3,027 | $97.33 | D | 120,186 | D | |
| Common StockF6 | Feb 15, 2018 | S | 2,170 | $97.16 | D | 118,016 | D | |
| Common StockF7 | Feb 15, 2018 | S | 12,701 | $98.12 | D | 105,315 | D | |
| Common Stock | Feb 15, 2018 | S | 4 | $98.59 | D | 105,311 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Compensation Committee determined that performance restricted stock units ("PRSUs") granted in 2017 would vest in three equal annual installments beginning on February 14, 2018 based on the Issuer achieving performance goals for the period ended December 31, 2017.
- F2Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock ("RS") granted February 13, 2015.
- F3Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 13, 2015.
- F4Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of RS granted February 14, 2017.
- F5Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 14, 2017.
- F6This transaction was executed in multiple trades at prices ranging from $96.55 to $97.54. 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.
- F7This transaction was executed in multiple trades at prices ranging from $97.56 to $98.54. 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.