BLACKLINE, INC. — Board/Management Information 2020

Dec 31, 2020

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported)

December 23, 2020

BLACKLINE, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-37924	46-3354276
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

21300 Victory Boulevard , 12 th Floor

Woodland Hills , California 91367

(Address of principal executive offices)(Zip Code)

(818) 223-9008

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01, par value	BL	The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 23, 2020, John Brennan, chair of the board of directors (the “Board”) of BlackLine, Inc. (the “Company”), informed the Company that he intended to resign from the Board effective at the Company’s annual meeting of stockholders in 2021 (the “2021 annual meeting”). Jason Babcoke, a member of the Board, has indicated his intention not to stand for reelection after the completion of his term at the 2021 annual meeting.

Mr. Brennan and Mr. Babcoke initially joined the Board in September 2013 in connection with an investment in the Company by Silver Lake Sumeru Fund, L.P. and Silver Lake Technology Investors Sumeru, L.P. (individually and/or collectively, Silver Lake Sumeru). Silver Lake Sumeru no longer owns shares of the Company’s common stock. There are no disagreements between Messrs. Brennan or Babcoke and the Company.

As previously disclosed, effective January 1, 2021, Therese Tucker, who currently serves as the Company’s CEO, will assume the role as executive chair of the Company’s Board and Marc Huffman, the Company’s president and chief operating officer, will succeed Ms. Tucker as chief executive officer.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

/s/ Karole Morgan-Prager
Karole Morgan-Prager
Chief Legal and Administrative Officer