Filing Details

Accession Number:
0001209191-10-020947
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-05 13:00:00
Reporting Period:
2010-04-01
Filing Date:
2010-04-05
Accepted Time:
2010-04-05 20:45:07
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 2010-04-01 2,916 $27.96 67,666 No 4 M Direct
Common Stock Disposition 2010-04-01 2,916 $41.63 64,750 No 4 S Direct
Common Stock Acquisiton 2010-04-05 2,812 $28.75 67,562 No 4 M Direct
Common Stock Disposition 2010-04-05 2,812 $42.47 64,750 No 4 S Direct
Common Stock Acquisiton 2010-04-05 1,562 $29.20 66,312 No 4 M Direct
Common Stock Disposition 2010-04-05 1,562 $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
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 2010-04-01 2,916 $0.00 2,916 $27.96
Common Stock Stock Option (right to buy) Disposition 2010-04-05 2,812 $0.00 2,812 $28.75
Common Stock Stock Option (right to buy) Disposition 2010-04-05 1,562 $0.00 1,562 $29.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
49,584 2014-03-15 No 4 M Direct
28,126 2016-02-15 No 4 M Direct
17,188 2017-02-17 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 5, 2010.
  2. The option vests as to 25% of the shares on 02/01/2010 and as to an additional 2.08334% of the shares monthly thereafter.
  3. Beginning on January 1, 2008, the stock option vests in 48 equal monthly installments.
  4. The option vested as to 25% of the shares on 01/01/2010 and in 36 equal monthly installments thereafter.