Filing Details

Accession Number:
0001209191-12-015140
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-02 16:45:30
Reporting Period:
2012-02-29
Filing Date:
2012-03-02
Accepted Time:
2012-03-02 16:45:30
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
1345562 Marc Chardon 2000 Daniel Island Drive
Charleston SC 29492
President And Ceo 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 Acquisiton 2012-02-29 43,000 $16.10 108,264 No 4 M Direct
Common Stock Disposition 2012-02-29 43,000 $31.73 65,264 No 4 S Direct
Common Stock Acquisiton 2012-02-29 2,498 $0.00 67,762 No 4 A Direct
Common Stock Disposition 2012-02-29 1,086 $31.55 66,676 No 4 F Direct
Common Stock Acquisiton 2012-03-01 42,478 $16.10 109,154 No 4 M Direct
Common Stock Disposition 2012-03-01 42,478 $31.48 66,676 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 A Direct
No 4 F 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 Employee Stock Option (Right to Buy) Disposition 2012-02-29 43,000 $0.00 43,000 $16.10
Common Stock Eployee Stock Option (Right to Buy) Disposition 2012-03-01 42,478 $0.00 42,478 $16.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
42,478 2012-11-28 No 4 M Direct
0 2012-11-28 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,800 Indirect By spouse
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Appreciation Right $26.17 2015-02-13 55,380 55,380 Direct
Common Stock Stock Appreciation Right $12.40 2015-11-08 4,750 4,750 Direct
Common Stock Stock Appreciation Right $22.34 2016-11-11 65,299 65,299 Direct
Common Stock Stock Appreciation Right $21.44 2017-02-10 100,000 100,000 Direct
Common Stock Stock Appreciation Right $22.58 2017-05-10 100,000 100,000 Direct
Common Stock Stock Appreciation Right $24.00 2017-08-10 100,000 100,000 Direct
Common Stock Stock Appreciation Right $26.79 2017-11-07 104,167 104,167 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-02-13 55,380 55,380 Direct
2015-11-08 4,750 4,750 Direct
2016-11-11 65,299 65,299 Direct
2017-02-10 100,000 100,000 Direct
2017-05-10 100,000 100,000 Direct
2017-08-10 100,000 100,000 Direct
2017-11-07 104,167 104,167 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $31.53 to $32.35. 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.
  2. On February 29, 2012, the Compensation Committee determined that these performance-based restricted stock rights vested based on the company achieving financial performance goals for the period ending December 31, 2011.
  3. Represents shares forfeited to the company in connection with the satisfaction of tax liabilities incurred upon the vesting of the performance-based restricted stock rights.
  4. This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 29, 2012 and effective on March 1, 2012.
  5. This transaction was executed in multiple trades at prices ranging from $31.27 to $31.70. 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.
  6. The option vested 1/4 on November 28, 2006 and 1/12 every three months thereafter.
  7. Represents a stock appreciation right which vests in four equal annual installments beginning on February 12, 2009, subject to continued employment, and shall be settled in stock at time of exercise.
  8. Represents a stock appreciation right which vests in four equal annual installments beginning on November 7, 2009, subject to continued employment, and shall be settled in stock at time of exercise.
  9. Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2010, subject to continued employment, and shall be settled in stock at time of exercise.
  10. Represents a stock appreciation right which vested 100% on November 10, 2010 and shall be settled in stock at time of exercise.
  11. Represents a stock appreciation right which vested 100% on November 10, 2011 and shall be settled in stock at time of exercise.
  12. Represents a stock appreciation right which will vest 100% on November 12, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
  13. Represents a stock appreciation right which vests in four equal annual installments beginning on November 8, 2011, subject to continued employment, and shall be settled in stock at time of exercise.