Filing Details
- Accession Number:
- 0001209191-10-017413
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-03-16 13:00:00
- Reporting Period:
- 2010-03-15
- Filing Date:
- 2010-03-16
- Accepted Time:
- 2010-03-16 20:33:46
- 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 |
|---|---|---|---|---|---|---|---|
| 1291653 | L Michael Chasen | 650 Massachusetts Ave, Nw 6Th Floor Washington DC 20001 | Ceo, President | Yes | 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 | Disposition | 2010-03-15 | 10,915 | $41.37 | 144,678 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-03-15 | 4,424 | $14.00 | 149,102 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-03-15 | 4,424 | $41.15 | 144,678 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-03-15 | 2,949 | $14.00 | 147,627 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-03-15 | 2,949 | $41.03 | 144,678 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-03-15 | 92,627 | $17.00 | 237,305 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-03-15 | 92,627 | $41.39 | 144,678 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | 2010-03-15 | 4,424 | $0.00 | 4,424 | $14.00 |
| Common Stock | Stock Option (right to buy) | Disposition | 2010-03-15 | 2,949 | $0.00 | 2,949 | $14.00 |
| Common Stock | Stock Option (right to buy) | Disposition | 2010-03-15 | 92,627 | $0.00 | 92,627 | $17.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2005-06-18 | 2014-06-18 | No | 4 | M | Direct |
| 0 | 2005-04-01 | 2014-04-01 | No | 4 | M | Direct |
| 95 | 2006-03-01 | 2013-03-01 | No | 4 | M | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans both adopted by the reporting person on February 5, 2010.
- Reflects the weighted average sale price with the range of sale price from $40.95 to $41.95. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- Reflects the weighted average sale price with the range of sale price from $40.95 to $41.73. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- Reflects the weighted average sale price with the range of sale price from $41.02 to $41.04. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- Reflects the weighted average sale price with the range of sale price from $40.99 to $41.95. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- The option vested as to 25% of the shares on 06/18/2005 and as to an additional 2.08% of the shares monthly thereafter.
- The option vested as to 25% of the shares on 04/01/2005 and as to an additional 2.08% of the shares monthly thereafter.
- The option vested as to 33% of the shares on 03/01/2006 and as to an additional 2.79% of the shares monthly thereafter.
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