SEC Form 4 · accession 0001209191-18-011536
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 16, 2018
Accepted (ET)
Feb 20, 2018 · 6:27 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 16, 2018 | M | 14,600 | $22.24 | A | 58,269 | D | |
| Common Stock | Feb 16, 2018 | D | 3,248 | $100.00 | D | 55,021 | D | |
| Common StockF1 | Feb 16, 2018 | F | 5,263 | $100.00 | D | 49,758 | D | |
| Common Stock | Feb 16, 2018 | S | 6,089 | $100.00 | D | 43,669 | 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 | $22.24 | Feb 16, 2018 | M | 14,600 | D | — | Nov 5, 2019 | Common Stock | 14,600 | 0 | D |
Explanation of responses
- F1Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the exercise of stock appreciation rights.
- F2Represents 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.