Mark Partin - Feb 17, 2023 Form 4 Insider Report for BLACKLINE, INC. (BL)

Role
Chief Financial Officer
Signature
/s/ Karole Morgan-Prager, Attorney-in-Fact
Stock symbol
BL
Transactions as of
Feb 17, 2023
Transactions value $
-$1,281,132
Form type
4
Date filed
2/22/2023, 06:48 PM
Previous filing
Dec 30, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BL Common Stock Tax liability -$428K -5.97K -3.59% $71.72 160K Feb 17, 2023 Direct F1
transaction BL Common Stock Options Exercise $210K +15K +9.35% $14.00 175K Feb 21, 2023 Direct F2
transaction BL Common Stock Sale -$61.9K -884 -0.5% $70.03 174K Feb 21, 2023 Direct F2, F3
transaction BL Common Stock Sale -$645K -9.13K -5.23% $70.62 165K Feb 21, 2023 Direct F2, F4
transaction BL Common Stock Sale -$356K -4.99K -3.02% $71.47 160K Feb 21, 2023 Direct F2, F5

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 -15K -10.9% $0.00 123K Feb 21, 2023 Common Stock 15K $14.00 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
F2 The sale transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2022.
F3 The sale price represents the weighted-average price of shares sold ranging from $69.120 to $70.100 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 $70.12 to $71.115 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 The sale price represents the weighted-average price of shares sold ranging from $71.15 to $71.82 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.
F6 The option is fully vested and immediately exercisable.