Filing Details

Accession Number:
0001209191-10-050558
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-10-15 19:06:10
Reporting Period:
2010-10-13
Filing Date:
2010-10-15
Accepted Time:
2010-10-15 19:06:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1106942 Blackboard Inc BBBB Services-Prepackaged Software (7372) 522081178
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1291781 R Frank Gatti 650 Massachusetts Ave, Nw
6Th Floor
Washington DC 20001
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-10-13 2,450 $20.32 2,450 No 4 M Direct
Common Stock Disposition 2010-10-13 2,450 $39.90 0 No 4 S Direct
Common Stock Acquisiton 2010-10-13 2,100 $23.92 2,100 No 4 M Direct
Common Stock Disposition 2010-10-13 2,100 $39.90 0 No 4 S Direct
Common Stock Acquisiton 2010-10-13 1,700 $28.96 1,700 No 4 M Direct
Common Stock Disposition 2010-10-13 1,700 $39.90 0 No 4 S Direct
Common Stock Acquisiton 2010-10-13 6,000 $28.85 6,000 No 4 M Direct
Common Stock Disposition 2010-10-13 6,000 $39.90 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2010-10-13 2,450 $0.00 2,450 $20.32
Common Stock Stock Option (right to buy) Disposition 2010-10-13 2,100 $0.00 2,100 $23.92
Common Stock Stock Option (right to buy) Disposition 2010-10-13 1,700 $0.00 1,700 $28.96
Common Stock Stock Option (right to buy) Disposition 2010-10-13 6,000 $0.00 6,000 $28.85
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-06-25 No 4 M Direct
0 2013-07-01 No 4 M Direct
0 2014-07-01 No 4 M Direct
0 2010-05-01 2017-06-15 No 4 M Direct
Footnotes
  1. The sales reported in this transaction were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 12, 2010.
  2. The stock option vests as to 50% of the shares on June 25, 2005 and as to 50% of the shares on June 25, 2006.
  3. The stock option vests as to 50% of the shares on July 1, 2006 and as to 50% of the shares on July 1, 2007.
  4. The stock option vests as to 50% of the shares on July 1, 2007 and as to 50% of the shares on July 1, 2008.