Mark Partin - 27 Sep 2024 Form 4 Insider Report for BLACKLINE, INC. (BL)

Signature
/s/ Karole Morgan-Prager, Attorney-in-Fact
Issuer symbol
BL
Transactions as of
27 Sep 2024
Net transactions value
-$220,272
Form type
4
Filing time
30 Sep 2024, 16:11:05 UTC
Previous filing
22 Aug 2024
Next filing
01 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BL Common Stock Options Exercise $42,462 +3,033 +1.3% $14.00 229,877 27 Sep 2024 Direct F1
transaction BL Common Stock Sale $160,749 -3,033 -1.3% $53.00 226,844 27 Sep 2024 Direct F1
transaction BL Common Stock Options Exercise $36,610 +2,615 +1.2% $14.00 229,459 27 Sep 2024 Direct F1
transaction BL Common Stock Sale $138,595 -2,615 -1.1% $53.00 226,844 27 Sep 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BL Stock Option (Right to Buy) Options Exercise $0 -3,033 -7.1% $0.000000 39,643 27 Sep 2024 Common Stock 3,033 $14.00 Direct F1, F2
transaction BL Stock Option (Right to Buy) Options Exercise $0 -2,615 -5.4% $0.000000 45,665 27 Sep 2024 Common Stock 2,615 $14.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2024.
F2 The options became exercisable based on the following vesting schedule: The shares subject to the option vested in 4 equal, annual installments beginning on the one-year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date.