X0306 4 2015-03-12 0 0001411488 BLACKHAWK NETWORK HOLDINGS, INC HAWK 0001572913 Ulrich Jerry N 6220 STONERIDGE MALL ROAD PLEASANTON CA 94588 0 1 0 0 CFO & Chief Admin Officer Class A Common Stock 2015-03-12 4 M 0 2613 A 3624 D Restricted Stock Unit (RSU) 2015-03-12 4 M 0 2613 0.00 A Class A Common Stock 2613 7837 D Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock. The restricted stock units vest pursuant to the following schedule: Twenty-Five Percent (25%) of the shares subject to the option vest on each of the first, second, third, and fourth anniversary of March 12, 2014, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. /s/ Suzan S. Rowland, as Attorney-in-Fact for Jerry Ulrich 2015-03-16