0001209191-23-014402.txt : 20230301 0001209191-23-014402.hdr.sgml : 20230301 20230301204808 ACCESSION NUMBER: 0001209191-23-014402 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230224 FILED AS OF DATE: 20230301 DATE AS OF CHANGE: 20230301 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: 23696105 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 2023-02-24 0 0001280058 BLACKBAUD INC BLKB 0001836951 McDearis Kevin 65 FAIRCHILD STREET CHARLESTON SC 29492 0 1 0 0 EVP & Chief Technology Officer Common Stock 2023-02-24 4 A 0 4767 0.00 A 82372 D Common Stock 2023-02-24 4 A 0 8572 0.00 A 90944 D Common Stock 2023-02-24 4 A 0 2663 0.00 A 93607 D Common Stock 2023-02-27 4 F 0 2186 57.15 D 91421 D Common Stock 2023-02-27 4 F 0 1311 57.15 D 90110 D Common Stock 2023-02-27 4 F 0 1221 57.15 D 88889 D Common Stock 2023-02-27 4 F 0 2451 57.15 D 86438 D Common Stock 2023-02-28 4 S 0 8464 56.22 D 77974 D Represents performance restricted stock units ("PRSUs") granted on February 24, 2022 that vested in full on February 24, 2023. The Compensation Committee determined that PRSUs granted on February 24, 2022 would vest in three equal annual installments beginning on February 24, 2023, based on the Issuer achieving performance goals for the period ended December 31, 2022. The Compensation Committee determined that a portion of PRSUs granted on February 24, 2022 would vest in full on February 24, 2023 based on the Issuer achieving performance goals for the period ended December 31, 2022, subject to continued employment. The remaining PRSUs granted on February 24, 2022 will vest dependent on the achievement of performance goals for the periods ended December 31, 2023 and December 31, 2024, subject to continued employment. 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. 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. 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. /s/ Donald R. Reynolds, Attorney-in-Fact 2023-03-01