Home > Insider Trading > Filing (0000899243-18-014186)

Filing Details

Accession Number:: 0000899243-18-014186
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-05-25 21:10:19
Reporting Period:: 2018-05-25

Accepted Time:: 2018-05-25 21:10:19
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1666134	Blackline Inc.	BL	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1410377	Silver Lake Sumeru Fund Lp	C/O Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Yes	No	Yes	No
1418226	Silver Lake Group, L.l.c.	C/O Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Yes	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	Yes	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	Yes	No	Yes	No
1463527	Slta Sumeru (Gp), L.l.c.	C/O Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2018-05-25	3,468,136	$40.05	4,048,612	No	4	S	Indirect	Held through Silver Lake Sumeru Fund, L.P.
Common Stock	Disposition	2018-05-25	31,864	$40.05	35,261	No	4	S	Indirect	Held through Silver Lake Technology Investors Sumeru, L.P.
Common Stock	Disposition	2018-05-25	100,000	$0.00	3,948,612	No	4	J	Indirect	Held through Silver Lake Sumeru Fund, L.P.
Common Stock	Acquisiton	2018-05-25	100,000	$0.00	100,000	No	4	J	Indirect	Held through Silver Lake Technology Associates 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.
No	4	J	Indirect	Held through Silver Lake Sumeru Fund, L.P.
No	4	J	Indirect	Held through Silver Lake Technology Associates Sumeru, L.P.

Footnotes

Represents shares of BlackLine, Inc.'s (the "Issuer") Common Stock sold in an underwritten secondary offering.
Represents the sale price to the underwriter in the secondary offering of $40.05 per share.
Silver Lake Group, L.L.C. ("SLG") is the managing member 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.
SLG is the managing member 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, SLTA, SLT LP and SLSF, the "Reporting Persons"), which directly holds these shares of Common Stock.
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 member of SLTA, SLG may be deemed to share voting and dispositive power with respect to the Silver Lake Sumeru Shares.
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.
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.
Represents a distribution by SLSF of shares of Common Stock of the Issuer to its general partner, SLT LP. These shares are subject to a 45-day lock-up from the date of the underwritten secondary offering.
SLT LP directly holds these shares of Common Stock (the "SLT LP Shares"). As the general partner of SLT LP, SLTA may be deemed to share voting and dispositive power with respect to the SLT LP Shares. As the managing member of SLTA, SLG may be deemed to share voting and dispositive power with respect to the SLT LP Shares.