BLACKLINE, INC. — Director's Dealing 2020

Jun 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKLINE, INC. (BL)
CIK: 0001666134
Period of Report: 2020-06-01

Reporting Person: Partin Mark (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-01	Common Stock	M	30000	$14.00	Acquired	129588	Direct
2020-06-01	Common Stock	S	600	$74.8719	Disposed	128988	Direct
2020-06-01	Common Stock	S	3700	$75.9865	Disposed	125288	Direct
2020-06-01	Common Stock	S	3360	$76.9323	Disposed	121928	Direct
2020-06-01	Common Stock	S	7309	$77.9427	Disposed	114619	Direct
2020-06-01	Common Stock	S	13744	$78.9893	Disposed	100875	Direct
2020-06-01	Common Stock	S	1287	$79.4695	Disposed	99588	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-01	Stock Option (right to buy)	$14.00	M	30000	Disposed	2025-03-29	Common Stock (30000)	Direct

Footnotes

F1: The sale transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 18, 2020.

F2: The sale price represents the weighted-average price of shares sold ranging from $74.16 to $75.04 per share. Upon request by the Securities and Exchange Commission (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 $75.35 to $76.27 per share. Upon request by the Securities and Exchange Commission (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: The sale price represents the weighted-average price of shares sold ranging from $76.42 to $77.41 per share. Upon request by the Securities and Exchange Commission (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.

F5: The sale price represents the weighted-average price of shares sold ranging from $77.42 to $78.41 per share. Upon request by the Securities and Exchange Commission (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.

F6: The sale price represents the weighted-average price of shares sold ranging from $78.42 to $79.415 per share. Upon request by the Securities and Exchange Commission (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.

F7: The sale price represents the weighted-average price of shares sold ranging from $79.43 to $79.56 per share. Upon request by the Securities and Exchange Commission (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.

F8: The shares subject to the option vest in 4 equal, annual installments beginning on the one year anniversary of January 20, 2015.