Peter Hirsch - Feb 21, 2023 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
Feb 21, 2023
Transactions value $
-$234,566
Form type
4
Date filed
2/23/2023, 05:52 PM
Previous filing
Feb 22, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BL Common Stock Award $0 +3.27K +7.91% $0.00 44.6K Feb 21, 2023 Direct F1
transaction BL Common Stock Tax liability -$87.4K -1.22K -2.74% $71.42 43.4K Feb 21, 2023 Direct F2
transaction BL Common Stock Sale -$147K -2.05K -4.71% $71.92 41.4K Feb 23, 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.