Filing Details

Accession Number:
0001209191-10-053503
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-05 20:59:01
Reporting Period:
2010-11-03
Filing Date:
2010-11-05
Accepted Time:
2010-11-05 20:59:01
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
1291651 H Matthew Small 650 Massachusetts Ave, Nw
6Th Floor
Washington DC 20001
Chief Business Officer No Yes 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 2010-11-03 105 $29.20 64,855 No 4 M Direct
Common Stock Disposition 2010-11-03 105 $42.47 64,750 No 4 S Direct
Common Stock Acquisiton 2010-11-04 11,250 $32.65 76,000 No 4 M Direct
Common Stock Disposition 2010-11-04 11,250 $44.74 64,750 No 4 S Direct
Common Stock Acquisiton 2010-11-04 5,624 $28.75 70,374 No 4 M Direct
Common Stock Disposition 2010-11-04 5,624 $43.56 64,750 No 4 S Direct
Common Stock Acquisiton 2010-11-04 3,019 $29.20 67,769 No 4 M Direct
Common Stock Disposition 2010-11-04 3,019 $43.56 64,750 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 2010-11-03 105 $0.00 105 $29.20
Common Stock Stock Option (right to buy) Disposition 2010-11-04 11,250 $0.00 11,250 $32.65
Common Stock Stock Option (right to buy) Disposition 2010-11-04 5,624 $0.00 5,624 $28.75
Common Stock Stock Option (right to buy) Disposition 2010-11-04 3,019 $0.00 3,019 $29.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
17,083 2017-02-17 No 4 M Direct
5,625 2015-02-15 No 4 M Direct
22,502 2016-02-15 No 4 M Direct
14,064 2017-02-17 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 5, 2010.
  2. The option vested as to 25% of the shares on January 1, 2010 and in 36 equal monthly installments thereafter.
  3. The option vested as to 25% of the shares on January 1, 2008 and as to an additional 2.083% of the shares monthly thereafter.
  4. Beginning on January 1, 2008, the stock option vests in 48 equal monthly installments.