X0306 4/A 2017-07-26 2017-07-28 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 Stock Option (Right to Buy) 21.03 2017-07-26 4 M 0 20000 0.00 D 2018-10-18 Common Stock 20000 0 D Stock Option (Right to Buy) 20.00 2017-07-26 4 M 0 55000 0.00 D 2020-03-26 Common Stock 55000 0 D The shares vest pursuant to the following schedule: Twenty Percent (20%) of the shares subject to the option vest on each of the first, second, third, fourth and fifth anniversary of March 14, 2011, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. The shares 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 26, 2013, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. This amendment is filed solely to clarify that the transactions reported in Table 2 of the original filing were dispositions and to reflect the proper expiration date. Consistent with guidance from the SEC, only the line items requiring amendment are included herein. /s/ YANG LIU, Attorney-in-Fact 2017-10-20