Michael P. Gianoni - 11 Feb 2022 Form 4 Insider Report for BLACKBAUD INC (BLKB)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLKB	Common Stock	Tax liability	$687,812	-10,103	-3.7%	$68.08	260,635	11 Feb 2022	Direct	F1
transaction	BLKB	Common Stock	Tax liability	$324,420	-4,891	-1.9%	$66.33	255,744	14 Feb 2022	Direct	F2
transaction	BLKB	Common Stock	Tax liability	$682,005	-10,282	-4%	$66.33	245,462	14 Feb 2022	Direct	F3
transaction	BLKB	Common Stock	Tax liability	$468,422	-7,062	-2.9%	$66.33	238,400	14 Feb 2022	Direct	F4
transaction	BLKB	Common Stock	Tax liability	$609,705	-9,192	-3.9%	$66.33	229,208	14 Feb 2022	Direct	F5
transaction	BLKB	Common Stock	Tax liability	$385,245	-5,808	-2.5%	$66.33	223,400	14 Feb 2022	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 10, 2021.
F2	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 12, 2018.
F3	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of performance restricted stock units ("PRSUs") granted February 12, 2019.
F4	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 12, 2019.
F5	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 12, 2020.
F6	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 12, 2020.