0001209191-23-009897.txt : 20230215 0001209191-23-009897.hdr.sgml : 20230215 20230215192908 ACCESSION NUMBER: 0001209191-23-009897 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230213 FILED AS OF DATE: 20230215 DATE AS OF CHANGE: 20230215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McDearis Kevin CENTRAL INDEX KEY: 0001836951 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41527 FILM NUMBER: 23636811 MAIL ADDRESS: STREET 1: C/O BLACKBAUD, INC. STREET 2: 65 FAIRCHILD STREET CITY: CHARLESTON STATE: SC ZIP: 29492 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKBAUD INC CENTRAL INDEX KEY: 0001280058 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 112617163 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 65 FAIRCHILD STREET CITY: CHARLESTON STATE: SC ZIP: 29492 BUSINESS PHONE: 843-216-6200 MAIL ADDRESS: STREET 1: 65 FAIRCHILD STREET CITY: CHARLESTON STATE: SC ZIP: 29492 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2023-02-13 0 0001280058 BLACKBAUD INC BLKB 0001836951 McDearis Kevin 65 FAIRCHILD STREET CHARLESTON SC 29492 0 1 0 0 EVP & Chief Technology Officer Common Stock 2023-02-13 4 F 0 1747 61.12 D 78361 D Common Stock 2023-02-13 4 F 0 1437 61.12 D 76924 D Common Stock 2023-02-13 4 F 0 2274 61.12 D 74650 D Common Stock 2023-02-13 4 F 0 2490 61.12 D 72160 D Common Stock 2023-02-13 4 F 0 1528 61.12 D 70632 D Common Stock 2023-02-13 4 F 0 1203 61.12 D 69429 D Common Stock 2023-02-13 4 A 0 17974 0.00 A 87403 D Common Stock 2023-02-13 4 A 0 2623 0.00 A 90026 D Common Stock 2023-02-13 4 S 0 8161 57.2499 D 81865 D Common Stock 2023-02-13 4 S 0 4260 58.0163 D 77605 D 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. 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. 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, 2020. 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. Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 10, 2021. Represents a restricted stock award which vests in three equal annual installments beginning on February 13, 2024, subject to continued employment. The Compensation Committee determined that a portion of PRSUs granted on February 10, 2021 would vest in full on February 13, 2023 based on the Issuer achieving performance goals for the period ended December 31, 2022, subject to continued employment. The remaining PRSUs granted in 2021 will vest dependent on the achievement of performance goals for the period ended December 31, 2023, subject to continued employment. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2022 and effective on December 12, 2022. This transaction was executed in multiple trades at prices ranging from $56.78 to $57.745. 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 of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades at prices ranging from $57.78 to $58.55. 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 of the issuer full information regarding the number of shares and prices at which the transactions were effected. /s/ Donald R. Reynolds, Attorney-in-Fact 2023-02-15