Company: BL
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001666134-25-000011
Chunk: 80

Company: BLACKLINE, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 80
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 accelerated equity vesting for Mr. Partin, Mr. Duan, Ms. Morgan-Prager and Mr. Ung include: for termination upon a qualifying termination in connection with a change of control, acceleration of one hundred percent (100%) of the executive’s then outstanding and unvested equity awards, taking into account performance through the truncated period ending prior to the change of control for 2024 PSUs subject to an rTSR performance measure; and for Mr. Duan and Mr. Ung only for a termination by the Company that is not for cause and not in connection with a change of control within the first twelve (12) months of employment, accelerated vesting of the time-based restricted stock units granted pursuant to the executive’s offer letter and scheduled to vest on that award’s first vesting date.

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TABLE OF CONTENTS

#### Therese Tucker and Owen Ryan
We entered into an employment agreement with each of Ms. Tucker and Mr. Ryan that provides for change of control and severance benefits under certain circumstances.

These employment agreements provide that if the executive’s employment is terminated by us without “cause” (as such term is defined in these employment agreements) other than for death or disability, outside of the period beginning three (3) months prior to a “change of control” (as such term is defined in these employment agreements) and ending twelve (12) months following the change of control, the executive will be eligible to receive: (i) a lump sum cash payment equal to 100% of the executive’s annual salary and (ii) reimbursement by the Company for COBRA premiums paid to maintain group health insurance benefits for the executive and executive’s dependents under COBRA for up to twelve (12) months following the date of termination.

These employment agreements also provide that if the executive’s employment is terminated by us during the period beginning three (3) months prior to a change of control and ending twelve (12) months following the change of control without cause other than for death or disability or the executive resigns for “good reason” (as defined in these employment agreements) during that same period, then the executive will be eligible to receive (i) a lump sum cash payment equal to 150% of the executive’s annual salary, (ii) a lump sum cash payment equal to a prorated portion of the executive’s target annual bonus for the year of termination and (iii) reimbursement by the Company for COBRA premiums the executive pays