0001209191-11-038535.txt : 20110706 0001209191-11-038535.hdr.sgml : 20110706 20110706194844 ACCESSION NUMBER: 0001209191-11-038535 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110701 FILED AS OF DATE: 20110706 DATE AS OF CHANGE: 20110706 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Small Matthew H CENTRAL INDEX KEY: 0001291651 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50784 FILM NUMBER: 11954723 MAIL ADDRESS: STREET 1: 1899 L STREET NW STREET 2: 5TH FLOOR CITY: WASHINGTON STATE: DC ZIP: 20036 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKBOARD INC CENTRAL INDEX KEY: 0001106942 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 522081178 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 650 MASSACHUSETTS AVE NW STREET 2: 6TH FLR CITY: WASHINGTON STATE: DC ZIP: 20001 BUSINESS PHONE: 202-463-4860 MAIL ADDRESS: STREET 1: 650 MASSACHUSETTS AVE NW STREET 2: 6TH FLOOR CITY: WASHINGTON STATE: DC ZIP: 20001 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2011-07-01 0 0001106942 BLACKBOARD INC BBBB 0001291651 Small Matthew H 650 MASSACHUSETTS AVE, NW 6TH FLOOR WASHINGTON DC 20001 0 1 0 0 Chief Business Officer Common Stock 2011-07-01 4 M 0 2812 28.75 A 131667 D Common Stock 2011-07-01 4 S 0 2812 44.16 D 128855 D Common Stock 2011-07-01 4 M 0 1562 29.20 A 130417 D Common Stock 2011-07-01 4 S 0 1562 44.16 D 128855 D Common Stock 2011-07-01 4 M 0 4375 27.96 A 133230 D Common Stock 2011-07-01 4 S 0 4375 44.16 D 128855 D Stock Option (right to buy) 28.75 2011-07-01 4 M 0 2812 0.00 D 2016-02-15 Common Stock 2812 14066 D Stock Option (right to buy) 29.20 2011-07-01 4 M 0 1562 0.00 D 2017-02-17 Common Stock 3124 9378 D Stock Option (right to buy) 27.96 2011-07-01 4 M 0 4375 0.00 D 2014-03-15 Common Stock 4375 27709 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 5, 2010. Beginning on January 1, 2008, the stock option vests in 48 equal monthly installments. The stock option vests as to 25% of the shares on January 1, 2010 and as to an additional 2.083% of the shares monthly thereafter. The stock option vests as to 25% of the shares on February 1, 2010 and as to an additional 2.083% of the shares monthly thereafter. /s/ Matthew Small 2011-07-06