0001209191-12-054076.txt : 20121120
0001209191-12-054076.hdr.sgml : 20121120
20121120163806
ACCESSION NUMBER: 0001209191-12-054076
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121119
FILED AS OF DATE: 20121120
DATE AS OF CHANGE: 20121120
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Eggers Jana
CENTRAL INDEX KEY: 0001505229
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50600
FILM NUMBER: 121218412
MAIL ADDRESS:
STREET 1: C/O BLACKBAUD, INC.
STREET 2: 2000 DANIEL ISLAND DRIVE
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
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2000 DANIEL ISLAND DRIVE
CITY: CHARLESTON
STATE: SC
ZIP: 24992-7541
BUSINESS PHONE: 8432166200
MAIL ADDRESS:
STREET 1: 2000 DANIEL ISLAND DRIVE
CITY: CHARLESTON
STATE: SC
ZIP: 24992-7541
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2012-11-19
0
0001280058
BLACKBAUD INC
BLKB
0001505229
Eggers Jana
2000 DANIEL ISLAND DRIVE
CHARLESTON
SC
29492
0
1
0
0
Sen VP Product Mgmt & Mktg
Common Stock
2012-11-19
4
F
0
523
21.65
D
24213
D
Stock Appreciation Right
25.43
2017-11-15
Common Stock
22321
22321
D
Stock Appreciation Right
26.82
2018-02-14
Common Stock
10120
10120
D
Stock Appreciation Right
28.06
2018-11-09
Common Stock
28169
28169
D
Performance Stock Appreciation Right
22.24
2019-11-06
Common Stock
91481
91481
D
Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted November 16, 2010.
Represents a stock appreciation right which vests in four equal annual installments beginning on November 16, 2011, subject to continued employment, and shall be settled in stock at time of exercise.
Represents a stock appreciation right which vests in four equal annual installments beginning on February 14, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
For full text of this footnote 5, see Remarks.
(Text to footnote 5) Represents a performance stock appreciation right ("PSAR") which will vest if the Issuer has maintained a 25% increase in its stock price over $22.24 for any 30 consecutive days prior to the expiration date of the PSAR (the "Performance Metric"), such vesting to occur in four equal annual installments beginning on November 6, 2013, if the Issuer meets the Performance Metric prior to such date. If the Issuer meets the Performance Metric between November 6, 2013 and November 6, 2014, 25% of the PSAR shall vest upon the Issuer meeting the Performance Metric and the remaining 75% shall vest in three equal annual installments beginning on November 6, 2014. If the Issuer meets the Performance Metric between November 6, 2014 and November 6, 2015, 50% of the PSAR shall vest upon the Issuer meeting the Performance Metric and the remaining 50% shall vest in two equal annual installments beginning on November 6, 2015. If the Issuer meets the Performance Metric between November 6, 2015 and November 6, 2016, 75% of the PSAR shall vest upon the Issuer meeting the Performance Metric and the remaining 25% shall vest on November 6, 2016. If the Issuer meets the Performance Metric after November 6, 2016, but prior to the expiration date of the PSAR, then 100% of the PSAR shall vest upon the Issuer meeting the Performance Metric. In all cases, PSARs shall only vest subject to continued employment and shall be settled in stock at the time of exercise.
/s/ Donald R. Reynolds, Attorney-in-Fact
2012-11-20