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