BLACKLINE, INC. — Director's Dealing 2020

Nov 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKLINE, INC. (BL)
CIK: 0001666134
Period of Report: 2020-11-12

Reporting Person: Huffman Marc (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-12	Common Stock	M	12900	$33.13	Acquired	168515	Direct
2020-11-12	Common Stock	S	12900	$106.6158	Disposed	155615	Direct
2020-11-12	Common Stock	M	20755	$48.65	Acquired	176370	Direct
2020-11-12	Common Stock	S	19355	$106.7077	Disposed	157015	Direct
2020-11-12	Common Stock	S	1400	$107.1254	Disposed	155615	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-12	Stock Option (right to buy)	$33.13	M	12900	Disposed	2028-02-12	Common Stock (12900)	Direct
2020-11-12	Stock Option (right to buy)	$48.65	M	20755	Disposed	2029-05-14	Common Stock (20755)	Direct

Footnotes

F1: The sale price represents the weighted-average price of shares sold ranging from $106.17 to $107.12 per share. Upon request by the 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.

F2: The sale price represents the weighted-average price of shares sold ranging from $106.095 to $107.09 per share. Upon request by the 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.

F3: The sale price represents the weighted-average price of shares sold ranging from $107.105 to $107.14 per share. Upon request by the 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.

F4: Shares subject to the option vest in four equal annual installments beginning on February 13, 2018, subject to the Reporting Person's continued service through the applicable vesting date.

F5: 25% of the shares subject to the Option will vest on the one (1) year anniversary of February 20, 2019 (the "Annual Option 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 Annual Option Vesting Commencement Date, subject to the Reporting Person's continued service through each vesting date.