SEC Form 4 · accession 0001209191-18-018054
BLACKLINE, INC. · BL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Partin
Officer — Chief Financial Officer
Period of report
Mar 6, 2018
Accepted (ET)
Mar 8, 2018 · 4:38 pm EST
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 StockF1 | Mar 6, 2018 | A | 27,272 | $0.00 | A | 27,272 | 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)F2 | $44.41 | Mar 6, 2018 | A | 56,760 | A | — | Mar 5, 2028 | Common Stock | 56,760 | 56,760 | D |
Explanation of responses
- F1Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on the one (1) year anniversary of February 20, 2018 (the "Vesting Commencement Date"), and 1/16th of the RSUs will vest every three months thereafter on the same day of the month as the Vesting Commencement Date, subject to the Reporting Person's continued service through each vesting date.
- F225% of the shares subject to the option will vest on the one (1) year anniversary of the Vesting Commencement Date, and 1/16th of the shares subject to the option will vest every three months thereafter on the same day of the month as the Vesting Commencement Date, subject to the Reporting Person's continued service through each vesting date.