David J. Benjamin - 05 Aug 2023 Form 4 Insider Report for BLACKBAUD INC (BLKB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Aug 2023, 17:41:14 UTC
Prior SEC filing
26 May 2023
Next SEC filing
23 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ S. Halle Vakani, Attorney-in-Fact

Key filing fact

David J. Benjamin filed Form 4 for BLACKBAUD INC (BLKB) on 09 Aug 2023.

Key facts

  • This page summarizes David J. Benjamin's Form 4 filing for BLACKBAUD INC (BLKB).
  • 5 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 09 Aug 2023, 17:41.

Change

  • Previous filing in this sequence was filed on 26 May 2023.
  • Current net transaction value: -$294,274.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BLKB transaction

Common Stock

Award

Transaction value
$0
Shares
+6,932
Change %
+8.3%
Price
$0.000000
Shares after
90,680
Date
05 Aug 2023
Ownership
Direct
Footnotes
F1
BLKB transaction

Common Stock

Award

Transaction value
$0
Shares
+2,153
Change %
+2.4%
Price
$0.000000
Shares after
92,833
Date
05 Aug 2023
Ownership
Direct
Footnotes
F2
BLKB transaction

Common Stock

Tax liability

Transaction value
$77,375
Shares
-1,052
Change %
-1.1%
Price
$73.55
Shares after
91,781
Date
05 Aug 2023
Ownership
Direct
Footnotes
F3
BLKB transaction

Common Stock

Tax liability

Transaction value
$72,153
Shares
-981
Change %
-1.1%
Price
$73.55
Shares after
90,800
Date
05 Aug 2023
Ownership
Direct
Footnotes
F3
BLKB transaction

Common Stock

Tax liability

Transaction value
$144,746
Shares
-1,968
Change %
-2.2%
Price
$73.55
Shares after
88,832
Date
05 Aug 2023
Ownership
Direct
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The Compensation Committee determined that performance restricted stock units ("PRSUs") granted on August 5, 2022 would vest in three equal annual installments beginning on August 5, 2023, based on the Issuer achieving performance goals for the period ended December 31, 2022.

Footnote F2

The Compensation Committee determined that a portion of PRSUs granted on August 5, 2022 would vest in full on August 5, 2023 based on the Issuer achieving performance goals for the period ended December 31, 2022, subject to continued employment. The remaining PRSUs granted on August 5, 2022 will vest dependent on the achievement of performance goals for the periods ended December 31, 2023 and December 31, 2024, subject to continued employment.

Footnote F3

Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted August 5, 2022.

Footnote F4

Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted August 5, 2022.

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