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

Signature
/s/ Karole Morgan-Prager, Attorney-in-Fact
Issuer symbol
BL
Transactions as of
21 Feb 2023
Transactions value $
-$765,535
Form type
4
Filing time
23 Feb 2023, 17:56:08
Previous filing
22 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BL Common Stock Award $0 +13.1K +4.3% $0.00 318K 21 Feb 2023 Direct F1
transaction BL Common Stock Tax liability -$279K -3.91K -1.23% $71.42 314K 21 Feb 2023 Direct F2
transaction BL Common Stock Sale -$396K -5.61K -1.79% $70.56 308K 23 Feb 2023 Direct F3, F4
transaction BL Common Stock Sale -$90.2K -1.27K -0.41% $71.27 307K 23 Feb 2023 Direct F3, F5
* 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 effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2022.
F4 The sale price represents the weighted-average price of shares sold ranging from $70.01 to $70.96 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 $71.02 to $71.77 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.