Filing Details

Accession Number:
0001209191-10-018062
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-19 13:00:00
Reporting Period:
2010-03-17
Filing Date:
2010-03-19
Accepted Time:
2010-03-19 18:20:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1106942 Blackboard Inc BBBB Services-Prepackaged Software (7372) 522081178
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1291651 H Matthew Small 650 Massachusetts Ave, Nw
6Th Floor
Washington DC 20001
Chief Business 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 2010-03-17 14,062 $28.75 78,812 No 4 M Direct
Common Stock Disposition 2010-03-17 14,062 $42.47 64,750 No 4 S Direct
Common Stock Acquisiton 2010-03-17 6,250 $29.20 71,000 No 4 M Direct
Common Stock Disposition 2010-03-17 6,250 $42.47 64,750 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 Stock Option (right to buy) Disposition 2010-03-17 14,062 $0.00 14,062 $28.75
Common Stock Stock Option (right to buy) Disposition 2010-03-17 6,250 $0.00 6,250 $29.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,938 2016-02-15 No 4 M Direct
18,750 2017-02-17 No 4 M Direct
Footnotes
  1. The sales reported in this transaction were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 5, 2010.
  2. Beginning on January 1, 2008, the stock option vests in 48 equal monthly installments.
  3. The option vests as to 25% of the shares on 01/01/2010 and in 36 equal monthly installments thereafter.