David J. Benjamin - 13 Feb 2024 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	Award	$0	+10,021	+15%	$0.000000	75,949	13 Feb 2024	Direct	F1
transaction	BLKB	Common Stock	Award	$0	+4,080	+5.4%	$0.000000	80,029	13 Feb 2024	Direct	F2
transaction	BLKB	Common Stock	Tax liability	$220,852	-3,138	-3.9%	$70.38	76,891	14 Feb 2024	Direct	F3
transaction	BLKB	Common Stock	Tax liability	$108,385	-1,540	-2%	$70.38	75,351	14 Feb 2024	Direct	F4
transaction	BLKB	Common Stock	Tax liability	$132,314	-1,880	-2.5%	$70.38	73,471	14 Feb 2024	Direct	F4
transaction	BLKB	Common Stock	Award	$0	+5,323	+7.2%	$0.000000	78,794	14 Feb 2024	Direct	F5
transaction	BLKB	Common Stock	Tax liability	$175,659	-2,453	-3.1%	$71.61	76,341	15 Feb 2024	Direct	F6

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

Id	Content
F1	The Compensation Committee determined that performance restricted stock units ("PRSUs") granted on February 13, 2023 would vest in three equal annual installments beginning on February 13, 2024, based on the Issuer achieving performance goals for the period ended December 31, 2023.
F2	The Compensation Committee determined that a portion of PRSUs granted on February 13, 2023 would vest in full on February 13, 2024 based on the Issuer achieving performance goals for the period ended December 31, 2023, subject to continued employment. The remaining PRSUs granted in 2023 will vest dependent on the achievement of performance goals for the periods ended December 31, 2024 and 2025, subject to continued employment.
F3	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 13, 2023.
F4	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 13, 2023.
F5	Represents PRSUs granted on February 14, 2023 that vested in full on February 14, 2024.
F6	Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 14, 2023.