SEC Form 4 · accession 0001209191-18-046502
BLACKLINE, INC. · BL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Owen Ryan
Director
Period of report
Aug 10, 2018
Accepted (ET)
Aug 13, 2018 · 7:25 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 | Aug 10, 2018 | A | 1,299 | $0.00 | A | 1,299 | 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 | $47.64 | Aug 10, 2018 | A | 2,874 | A | — | Aug 9, 2028 | Common Stock | 2,874 | 2,874 | 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 August 10, 2019 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 August 10, 2019 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.