Filing Details

Accession Number:
0000899243-17-028257
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-08 16:43:00
Reporting Period:
2017-12-07
Accepted Time:
2017-12-08 16:43:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1666134 Blackline Inc. BL () CA
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1008036 Ajay Shah C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1410377 Silver Lake Sumeru Fund Lp C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1418226 Silver Lake Group, L.l.c. C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1463520 Silver Lake Technology Investors Sumeru, L.p. C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1463521 Silver Lake Technology Associates Sumeru, L.p. C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1463527 Slta Sumeru (Gp), L.l.c. C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-12-07 2,626,246 $34.07 12,432,847 No 4 S Indirect Held through Silver Lake Sumeru Fund, L.P.
Common Stock Disposition 2017-12-07 23,452 $34.07 111,026 No 4 S Indirect Held through Silver Lake Technology Investors Sumeru, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Held through Silver Lake Sumeru Fund, L.P.
No 4 S Indirect Held through Silver Lake Technology Investors Sumeru, L.P.
Footnotes
  1. Represents shares of BlackLine, Inc.'s (the "Issuer") Common Stock sold in an underwritten secondary offering.
  2. Represents the sale price to the underwriter in the secondary offering of $34.07 per share.
  3. Silver Lake Group, L.L.C. ("SLG") and Ajay Shah ("Shah") are the managing members of SLTA Sumeru (GP), L.L.C. ("SLTA"), which is the general partner of Silver Lake Technology Associates Sumeru, L.P. ("SLT LP"), which is the general partner of Silver Lake Sumeru Fund, L.P. ("SLSF"), which directly holds these shares of Common Stock.
  4. SLG and Shah are the managing members of SLTA, which is the general partner of SLT LP, which is the general partner of Silver Lake Technology Investors Sumeru, L.P. ("SLTI", and collectively with SLG, Shah, SLTA, SLT LP and SLSF, the "Reporting Persons"), which directly holds these shares of Common Stock.
  5. As the general partner of each of SLSF and SLTI, SLT LP may be deemed to share voting and dispositive power with respect to the Common Stock directly held by SLSF and SLTI (the "Silver Lake Sumeru Shares"). As the general partner of SLT LP, SLTA may be deemed to share voting and dispositive power with respect to the Silver Lake Sumeru Shares. As the managing members of SLTA, SLG and Shah may each be deemed to share voting and dispositive power with respect to the Silver Lake Sumeru Shares.
  6. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
  7. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.