Filing Details

Accession Number:
0001209191-23-009897
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-15 19:29:08
Reporting Period:
2023-02-13
Accepted Time:
2023-02-15 19:29:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1280058 Blackbaud Inc BLKB Services-Prepackaged Software (7372) 112617163
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1836951 Kevin Mcdearis 65 Fairchild Street
Charleston SC 29492
Evp & Chief Technology 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 Disposition 2023-02-13 1,747 $61.12 78,361 No 4 F Direct
Common Stock Disposition 2023-02-13 1,437 $61.12 76,924 No 4 F Direct
Common Stock Disposition 2023-02-13 2,274 $61.12 74,650 No 4 F Direct
Common Stock Disposition 2023-02-13 2,490 $61.12 72,160 No 4 F Direct
Common Stock Disposition 2023-02-13 1,528 $61.12 70,632 No 4 F Direct
Common Stock Disposition 2023-02-13 1,203 $61.12 69,429 No 4 F Direct
Common Stock Acquisiton 2023-02-13 17,974 $0.00 87,403 No 4 A Direct
Common Stock Acquisiton 2023-02-13 2,623 $0.00 90,026 No 4 A Direct
Common Stock Disposition 2023-02-13 8,161 $57.25 81,865 No 4 S Direct
Common Stock Disposition 2023-02-13 4,260 $58.02 77,605 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 12, 2019.
  2. Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 12, 2020.
  3. Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of performance restricted stock units ("PRSUs") granted February 12, 2020.
  4. Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 10, 2021.
  5. Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 10, 2021.
  6. Represents a restricted stock award which vests in three equal annual installments beginning on February 13, 2024, subject to continued employment.
  7. The Compensation Committee determined that a portion of PRSUs granted on February 10, 2021 would vest in full on February 13, 2023 based on the Issuer achieving performance goals for the period ended December 31, 2022, subject to continued employment. The remaining PRSUs granted in 2021 will vest dependent on the achievement of performance goals for the period ended December 31, 2023, subject to continued employment.
  8. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2022 and effective on December 12, 2022.
  9. This transaction was executed in multiple trades at prices ranging from $56.78 to $57.745. 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.
  10. This transaction was executed in multiple trades at prices ranging from $57.78 to $58.55. 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.