PETER HIRSCH - 21 Feb 2023 Form 4 Insider Report for BLACKLINE, INC. (BL)

Role
Chief Technology Officer
Signature
/s/ Karole Morgan-Prager, Attorney-in-Fact
Issuer symbol
BL
Transactions as of
21 Feb 2023
Net transactions value
-$234,566
Form type
4
Filing time
23 Feb 2023, 17:52:32 UTC
Previous filing
22 Feb 2023
Next filing
07 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BL Common Stock Award $0 +3,270 +7.9% $0.000000 44,631 21 Feb 2023 Direct F1
transaction BL Common Stock Tax liability $87,418 -1,224 -2.7% $71.42 43,407 21 Feb 2023 Direct F2
transaction BL Common Stock Sale $147,148 -2,046 -4.7% $71.92 41,361 23 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares relate to the portion of a Performance-Based Restricted Stock Unit ("PRSU") granted on April 4, 2022 that has vested based on the Issuer's achievement of certain fiscal 2022 performance targets that were set by the Compensation Committee at the time of grant.
F2 The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of PRSUs and restricted stock units.
F3 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 18, 2022.