David J. Benjamin - Feb 12, 2024 Form 4 Insider Report for BLACKBAUD INC (BLKB)

Role
EVP, Chief Commercial Officer
Signature
/s/ S. Halle Vakani, Attorney-in-Fact
Stock symbol
BLKB
Transactions as of
Feb 12, 2024
Transactions value $
-$684,684
Form type
4
Date filed
2/14/2024, 05:23 PM
Previous filing
Jan 2, 2024
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLKB Common Stock Tax liability -$216K -2.63K -3.82% $82.05 66.2K Feb 12, 2024 Direct F1
transaction BLKB Common Stock Tax liability -$132K -1.61K -2.43% $82.05 64.6K Feb 12, 2024 Direct F2
transaction BLKB Common Stock Award $0 +5.43K +8.41% $0.00 70K Feb 12, 2024 Direct F3
transaction BLKB Common Stock Tax liability -$216K -2.63K -3.76% $82.05 67.4K Feb 12, 2024 Direct F2
transaction BLKB Common Stock Tax liability -$121K -1.47K -2.18% $82.65 65.9K Feb 13, 2024 Direct F4
* 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 separate performance restricted stock units ("PRSUs") granted February 10, 2021.
F3 The Compensation Committee determined that a portion of PRSUs granted on February 10, 2021 would vest in full on February 12, 2024 based on the Issuer achieving performance goals for the period ended December 31, 2023, subject to continued employment.
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, 2020.