SEC Form 4 · accession 0001209191-17-055147
BLACKLINE, INC. · BL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin B Thompson
Director
Period of report
Oct 1, 2017
Accepted (ET)
Oct 3, 2017 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001666134
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Oct 1, 2017 | A | 1,612 | $0.00 | A | 1,612 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $34.12 | Oct 1, 2017 | A | 3,633 | A | — | Sep 30, 2027 | Common Stock | 3,633 | 3,633 | D |
Explanation of responses
- F1Represents an initial restricted stock unit ("RSU") award issued pursuant to the Issuer's Outside Director Compensation Policy.
- F2Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 100% of the RSUs will vest upon the earlier of October 1, 2018 or the day prior to Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service through the applicable vesting date.
- F3100% of the shares subject to the option will vest upon the earlier of October 1, 2018 or the day prior to the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service through the applicable vesting date.