Michael P. Gianoni - 11 Feb 2022 Form 4 Insider Report for BLACKBAUD INC (BLKB)

Signature
/s/ Donald R. Reynolds, Attorney-in-Fact
Issuer symbol
BLKB
Transactions as of
11 Feb 2022
Transactions value $
-$3,157,610
Form type
4
Filing time
15 Feb 2022, 16:56:50 UTC
Previous filing
08 Nov 2021
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLKB Common Stock Tax liability -$688K -10.1K -3.73% $68.08 261K 11 Feb 2022 Direct F1
transaction BLKB Common Stock Tax liability -$324K -4.89K -1.88% $66.33 256K 14 Feb 2022 Direct F2
transaction BLKB Common Stock Tax liability -$682K -10.3K -4.02% $66.33 245K 14 Feb 2022 Direct F3
transaction BLKB Common Stock Tax liability -$468K -7.06K -2.88% $66.33 238K 14 Feb 2022 Direct F4
transaction BLKB Common Stock Tax liability -$610K -9.19K -3.86% $66.33 229K 14 Feb 2022 Direct F5
transaction BLKB Common Stock Tax liability -$385K -5.81K -2.53% $66.33 223K 14 Feb 2022 Direct F6
* 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 restricted stock granted February 12, 2018.
F3 Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of performance restricted stock units ("PRSUs") granted February 12, 2019.
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, 2019.
F5 Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of PRSUs granted February 12, 2020.
F6 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.