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

Role: Chief Revenue Officer
Signature: /s/ Karole Morgan-Prager, Attorney-in-Fact
Issuer symbol: BL
Transactions as of: 24 Nov 2021
Net transactions value: -$1,480,671
Form type: 4
Filing time: 24 Nov 2021, 18:05:36 UTC
Previous filing: 22 Nov 2021
Next filing: 22 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BL	Common Stock	Options Exercise	$1,144,299	+23,334	+47%	$49.04	73,332	24 Nov 2021	Direct	F1
transaction	BL	Common Stock	Sale	$1,763,539	-15,721	-21%	$112.18	57,611	24 Nov 2021	Direct	F1, F2
transaction	BL	Common Stock	Sale	$667,166	-5,907	-10%	$112.94	51,704	24 Nov 2021	Direct	F1, F3
transaction	BL	Common Stock	Sale	$194,265	-1,706	-3.3%	$113.87	49,998	24 Nov 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	-23,334	-21%	$0.000000	89,093	24 Nov 2021	Common Stock	23,334	$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.