Filing Details

Accession Number:
0001209191-13-042406
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-29 20:41:19
Reporting Period:
2013-08-27
Filing Date:
2013-08-29
Accepted Time:
2013-08-29 20:41:19
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
1294987 T Charles Cumbaa 2000 Daniel Island Drive
Charleston SC 29492
Svp Of Business Development 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 2013-08-27 37,500 $26.11 63,724 No 4 M Direct
Common Stock Disposition 2013-08-27 14,607 $35.75 49,117 No 4 D Direct
Common Stock Disposition 2013-08-27 12,185 $37.50 36,932 No 4 D Direct
Common Stock Disposition 2013-08-27 1,853 $35.75 35,079 No 4 F Direct
Common Stock Disposition 2013-08-27 1,826 $37.50 33,253 No 4 F Direct
Common Stock Disposition 2013-08-27 3,630 $36.59 29,623 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 D Direct
No 4 D Direct
No 4 F Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Appreciation Right Disposition 2013-08-27 37,500 $0.00 37,500 $26.11
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,833 2014-11-07 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,750 Indirect By Chelsea Michelle Cumbaa Irrevocable Trust
Common Stock 1,750 Indirect By Alexander Thomas Cumbaa Irrevocable Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Appreciation Right $12.40 2015-11-08 9,167 9,167 Direct
Common Stock Stock Appreciation Right $22.34 2016-11-11 25,500 25,500 Direct
Common Stock Stock Appreciation Right $26.79 2017-11-07 26,042 26,042 Direct
Common Stock Stock Appreciation Right $28.06 2018-11-09 24,648 24,648 Direct
Common Stock Performance Stock Appreciation Right $22.24 2019-11-05 86,358 86,358 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-11-08 9,167 9,167 Direct
2016-11-11 25,500 25,500 Direct
2017-11-07 26,042 26,042 Direct
2018-11-09 24,648 24,648 Direct
2019-11-05 86,358 86,358 Direct
Footnotes
  1. Represents shares forfeited to the company in connection with the satisfaction of tax liabilities incurred upon the exercise of stock appreciation rights.
  2. This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on August 6, 2013 and effective on August 12, 2013.
  3. This transaction was executed in multiple trades at prices ranging from $36.57 to $37.50. 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.
  4. Represents a stock appreciation right which vested in four equal annual installments beginning on November 6, 2008 and shall be settled in stock at time of exercise.
  5. Represents a stock appreciation right which vested in four equal installments beginning on November 7, 2009, subject to continued employment, and shall be settled in stock at time of exercise.
  6. 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.
  7. 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.
  8. Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
  9. For full text of this footnote 9, see Remarks.