Home > Insider Trading > Filing (0001209191-11-023959)

Filing Details

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
1374820	Jonathan Walsh	650 Massachusetts Ave, Nw 6Th Floor Washington DC 20001	Vp - Finance & Accounting	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
Common Stock	Acquisiton	2011-04-19	3,579	$23.63	16,662	No	4	M	Direct
Common Stock	Disposition	2011-04-19	3,579	$45.00	13,083	No	4	S	Direct
Common Stock	Acquisiton	2011-04-19	1,421	$26.84	14,504	No	4	M	Direct
Common Stock	Disposition	2011-04-19	1,421	$45.00	13,083	No	4	S	Direct
Common Stock	Disposition	2011-04-19	623	$45.00	12,460	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	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	2011-04-19	3,579	$0.00	3,579	$23.63
Common Stock	Stock Option (right to buy)	Disposition	2011-04-19	1,421	$0.00	1,421	$26.84

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2014-06-15	No	4	M	Direct
13,579		2014-09-15	No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 11, 2011.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2011.
The option vested as to 33% of the shares on June 15, 2007 and in 24 equal monthly installments thereafter.
The option vested as to 33% of the shares on September 15, 2007 and in 24 equal monthly installments thereafter.