Peter Hirsch - Nov 9, 2021 Form 4 Insider Report for BLACKLINE, INC. (BL)

Role
Chief Technology Officer
Signature
/s/ Karole Morgan-Prager, Attorney-in-Fact
Stock symbol
BL
Transactions as of
Nov 9, 2021
Transactions value $
-$273,282
Form type
4
Date filed
11/10/2021, 07:16 PM
Previous filing
Nov 8, 2021
Next filing
Nov 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BL Common Stock Options Exercise $182K +3.46K +9.92% $52.54 38.4K Nov 9, 2021 Direct F1
transaction BL Common Stock Sale -$265K -2.02K -5.26% $131.04 36.4K Nov 9, 2021 Direct F1, F2
transaction BL Common Stock Sale -$165K -1.25K -3.45% $131.92 35.1K Nov 9, 2021 Direct F1, F3
transaction BL Common Stock Sale -$25.2K -190 -0.54% $132.81 34.9K Nov 9, 2021 Direct F1, F4

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 -3.46K -5.92% $0.00 55K Nov 9, 2021 Common Stock 3.46K $52.54 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2020, amended on March 12, 2021.
F2 The sale price represents the weighted-average price of shares sold ranging from $130.56 to $131.415 per share. Upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 The sale price represents the weighted-average price of shares sold ranging from $131.59 to $132.48 per share. Upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F4 The sale price represents the weighted-average price of shares sold ranging from $132.575 to $133.02 per share. Upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F5 25% of the options vested on February 20, 2020 and 1/16th of the remaining shares subject to the option will vest every three months thereafter, subject to the Reporting Person's continued service through the applicable vesting date.