Form 4 for BLKB BLACKBAUD INC
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-24 · accession 0001209191-23-014402 · 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 | 2023-03-01 | 2023-02-24 | BLKB | McDearis Kevin | EVP, CTO | A - Grant | $0.00 | +16.0K | 82.4K | +24% | $0 |
| M | 2023-03-01 | 2023-02-27 | BLKB | McDearis Kevin | EVP, CTO | F - Tax | $57.15 | -7,169 | 86.4K | -8% | -$409.7K |
| 2023-03-01 | 2023-02-28 | BLKB | McDearis Kevin | EVP, CTO | S - Sale | $56.22 | -8,464 | 78.0K | -10% | -$475.8K |
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 | 2023-02-24 | A | A | 8,572 | $0.00 | 90,944 | D | — | — | (F2) 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. |
| 2 | Common | Common Stock | 2023-02-24 | A | A | 2,663 | $0.00 | 93,607 | D | — | — | (F3) 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. |
| 3 | Common | Common Stock | 2023-02-27 | F | D | 2,186 | $57.15 | 91,421 | D | — | — | (F4) 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. |
| 4 | Common | Common Stock | 2023-02-27 | F | D | 1,311 | $57.15 | 90,110 | D | — | — | (F4) 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 | Common | Common Stock | 2023-02-27 | F | D | 1,221 | $57.15 | 88,889 | D | — | — | (F4) 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. |
| 6 | Common | Common Stock | 2023-02-24 | A | A | 4,767 | $0.00 | 82,372 | D | — | — | (F1) Represents performance restricted stock units ("PRSUs") granted on February 24, 2022 that vested in full on February 24, 2023. |
| 7 | Common | Common Stock | 2023-02-28 | S | D | 8,464 | $56.22 | 77,974 | D | — | — | |
| 8 | Common | Common Stock | 2023-02-27 | F | D | 2,451 | $57.15 | 86,438 | D | — | — | (F5) 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. |