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