Kevin McDearis - Feb 11, 2022 Form 4 Insider Report for BLACKBAUD INC (BLKB)

Role
EVP, Chief Products Officer
Signature
/s/ Donald R. Reynolds, Attorney-in-Fact
Stock symbol
BLKB
Transactions as of
Feb 11, 2022
Transactions value $
-$643,512
Form type
4
Date filed
2/15/2022, 05:00 PM
Previous filing
Nov 8, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLKB Common Stock Tax liability -$120K -1.77K -2.75% $68.08 62.4K Feb 11, 2022 Direct F1
transaction BLKB Common Stock Tax liability -$81.1K -1.22K -1.96% $66.33 61.2K Feb 14, 2022 Direct F2
transaction BLKB Common Stock Tax liability -$115K -1.74K -2.84% $66.33 59.5K Feb 14, 2022 Direct F3
transaction BLKB Common Stock Tax liability -$117K -1.77K -2.97% $66.33 57.7K Feb 14, 2022 Direct F4
transaction BLKB Common Stock Tax liability -$113K -1.71K -2.95% $66.33 56K Feb 14, 2022 Direct F5
transaction BLKB Common Stock Tax liability -$96.4K -1.45K -2.59% $66.33 54.6K Feb 14, 2022 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.