Filing Details

Accession Number:
0001209191-23-014402
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-01 20:48:08
Reporting Period:
2023-02-24
Accepted Time:
2023-03-01 20:48:08
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 Acquisiton 2023-02-24 4,767 $0.00 82,372 No 4 A Direct
Common Stock Acquisiton 2023-02-24 8,572 $0.00 90,944 No 4 A Direct
Common Stock Acquisiton 2023-02-24 2,663 $0.00 93,607 No 4 A Direct
Common Stock Disposition 2023-02-27 2,186 $57.15 91,421 No 4 F Direct
Common Stock Disposition 2023-02-27 1,311 $57.15 90,110 No 4 F Direct
Common Stock Disposition 2023-02-27 1,221 $57.15 88,889 No 4 F Direct
Common Stock Disposition 2023-02-27 2,451 $57.15 86,438 No 4 F Direct
Common Stock Disposition 2023-02-28 8,464 $56.22 77,974 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 S Direct
Footnotes
  1. Represents performance restricted stock units ("PRSUs") granted on February 24, 2022 that vested in full on February 24, 2023.
  2. The Compensation Committee determined that PRSUs granted on February 24, 2022 would vest in three equal annual installments beginning on February 24, 2023, based on the Issuer achieving performance goals for the period ended December 31, 2022.
  3. The Compensation Committee determined that a portion of PRSUs granted on February 24, 2022 would vest in full on February 24, 2023 based on the Issuer achieving performance goals for the period ended December 31, 2022, subject to continued employment. The remaining PRSUs granted on February 24, 2022 will vest dependent on the achievement of performance goals for the periods ended December 31, 2023 and December 31, 2024, subject to continued employment.
  4. Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 24, 2022.
  5. Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 24, 2022.
  6. 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.