Form 4 for BLKB BLACKBAUD INC
Accepted 2022-02-25 00:00:00 ET · period of report 2022-02-23 · accession 0001209191-22-013427 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-02-25 | 2022-02-23 | BLKB | McDearis Kevin | EVP, Chief Products Off | A - Grant | $0.00 | +34.7K | 86.0K | +67% | $0 |
| M | 2022-02-25 | 2022-02-24 | BLKB | McDearis Kevin | EVP, Chief Products Off | F - Tax | $68.08 | -2,935 | 87.8K | -3% | -$199.8K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-23 | A | A | 5,995 | $0.00 | 60,558 | D | — | — | (F1) Represents restricted stock units granted on February 23, 2022 that will vest in full on February 23, 2023, subject to continued employment. |
| 2 | Common | Common Stock | 2022-02-23 | A | A | 16,033 | $0.00 | 76,591 | D | — | — | (F2) Represents a restricted stock award which vests in three equal annual installments beginning on February 23, 2023, subject to continued employment. |
| 3 | Common | Common Stock | 2022-02-24 | F | D | 1,475 | $68.08 | 86,281 | D | — | — | (F5) Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 23, 2022. |
| 4 | Common | Common Stock | 2022-02-24 | F | D | 1,460 | $68.08 | 87,756 | D | — | — | (F5) Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 23, 2022. |
| 5 | Common | Common Stock | 2022-02-23 | A | A | 3,181 | $0.00 | 89,216 | D | — | — | (F4) The Compensation Committee determined that a portion of PRSUs granted in 2021 would vest in full on February 23, 2022 based on the Issuer achieving performance goals for the period ended December 31, 2021, subject to continued employment. The remaining PRSUs granted in 2021 will vest dependent on the achievement of performance goals for the periods ended December 31, 2022 and December 31, 2023, subject to continued employment. |
| 6 | Common | Common Stock | 2022-02-23 | A | A | 9,444 | $0.00 | 86,035 | D | — | — | (F3) The Compensation Committee determined that performance restricted stock units ("PRSUs") granted in 2021 would vest in three equal annual installments beginning on February 23, 2022 based on the Issuer achieving performance goals for the period ended December 31, 2021. |