0001209191-13-051427.txt : 20131108 0001209191-13-051427.hdr.sgml : 20131108 20131108170345 ACCESSION NUMBER: 0001209191-13-051427 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20131106 FILED AS OF DATE: 20131108 DATE AS OF CHANGE: 20131108 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Holman Brad John CENTRAL INDEX KEY: 0001504873 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50600 FILM NUMBER: 131205593 MAIL ADDRESS: STREET 1: C/O BLACKBAUD, INC. STREET 2: 2000 DANIEL ISLAND DRIVE CITY: CHARLESTON STATE: SC ZIP: 29492 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2013-11-06 0 0001280058 BLACKBAUD INC BLKB 0001504873 Holman Brad John 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 0 1 0 0 Pres Int'l Business Unit Common Stock 2013-11-06 4 A 0 12988 0.00 A 31506 D Stock Appreciation Right 26.79 2017-11-07 Common Stock 11161 11161 D Stock Appreciation Right 28.06 2018-11-09 Common Stock 17166 17166 D Performance Stock Appreciation Right 22.24 2019-11-06 Common Stock 80504 80504 D Represents a restricted stock award which vests in four equal annual installments beginning on November 6, 2014, subject to continued employment. Represents a stock appreciation right which vests in four equal annual installments beginning on November 8, 2011, subject to continued employment and an exercise price less than the closing price of the Issuer's common stock on each vesting date. The stock appreciation right shall be settled in stock at the 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 an exercise price less than the closing price of the Issuer's common stock on each vesting date. The stock appreciation right shall be settled in stock at the time of exercise. For full text of this footnote 4, see Remarks. (Text to foonote 4) 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 2013-11-08