Mark Woodhams - Nov 24, 2021 Form 4 Insider Report for BLACKLINE, INC. (BL)

Role
Chief Revenue Officer
Signature
/s/ Karole Morgan-Prager, Attorney-in-Fact
Stock symbol
BL
Transactions as of
Nov 24, 2021
Transactions value $
-$1,480,671
Form type
4
Date filed
11/24/2021, 06:05 PM
Previous filing
Nov 22, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BL Common Stock Options Exercise $1.14M +23.3K +46.67% $49.04 73.3K Nov 24, 2021 Direct F1
transaction BL Common Stock Sale -$1.76M -15.7K -21.44% $112.18 57.6K Nov 24, 2021 Direct F1, F2
transaction BL Common Stock Sale -$667K -5.91K -10.25% $112.94 51.7K Nov 24, 2021 Direct F1, F3
transaction BL Common Stock Sale -$194K -1.71K -3.3% $113.87 50K Nov 24, 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 -23.3K -20.75% $0.00 89.1K Nov 24, 2021 Common Stock 23.3K $49.04 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 May 21, 2021.
F2 The sale price represents the weighted-average price of shares sold ranging from $111.59 to $112.57 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 $112.60 to $113.53 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 $113.65 to $114.19 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 shares subject to the option will vest on the one (1) year anniversary of August 20, 2018 (the "Annual Option Vesting Commencement Date"), and 1/16th of the remaining shares subject to the option will vest every three months thereafter on the same day of the month as the Annual Option Vesting Commencement Date, subject to the Reporting Person's continued service through each applicable vesting date.