Jon W. Olson - 24 Feb 2025 Form 4 Insider Report for BLACKBAUD INC (BLKB)

Signature
/s/ Donald R. Reynolds, Attorney-in-Fact
Issuer symbol
BLKB
Transactions as of
24 Feb 2025
Net transactions value
-$221,307
Form type
4
Filing time
26 Feb 2025, 17:44:39 UTC
Previous filing
25 Feb 2025
Next filing
06 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLKB Common Stock Award $0 +2,388 +6.8% $0.000000 37,709 24 Feb 2025 Direct F1
transaction BLKB Common Stock Tax liability $74,963 -1,088 -2.9% $68.90 36,621 25 Feb 2025 Direct F2
transaction BLKB Common Stock Tax liability $50,986 -740 -2% $68.90 35,881 25 Feb 2025 Direct F2
transaction BLKB Common Stock Tax liability $95,358 -1,384 -3.9% $68.90 34,497 25 Feb 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Compensation Committee determined that a portion of performance restricted stock units ("PRSUs") granted on February 24, 2022 would vest in full on February 24, 2025 based on the Issuer achieving performance goals for the period ended December 31, 2024, subject to continued employment.
F2 Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 24, 2022.
F3 Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 24, 2022.