| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BLKB | Common Stock | Sale | -$623K | -8.6K | -9.68% | $72.42 | 80.2K | Aug 21, 2023 | Direct | F1, F2 |
| transaction | BLKB | Common Stock | Sale | -$103K | -1.4K | -1.75% | $73.01 | 78.8K | Aug 21, 2023 | Direct | F1, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | These sales were effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on May 22, 2023 and effective on August 21, 2023. |
| F2 | This transaction was executed in multiple trades ranging from $71.74 to $72.69. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder full information regarding the number of shares and prices at which the transactions were effected. |
| F3 | This transaction was executed in multiple trades ranging from $72.74 to $73.24. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder full information regarding the number of shares and prices at which the transactions were effected. |