Company: BL
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001666134-25-000011
Chunk: 67

Company: BLACKLINE, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 67
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 As of December 31, 2024, Ms. Tucker’s annual base salary was $500,000, and her annual on-target bonus opportunity was 100% of her annual base salary.

Owen Ryan. We are party to an employment agreement with Mr. Ryan. The employment agreement has no specific term and provides for “at-will” employment. As of December 31, 2024, Mr. Ryan’s annual base salary was $500,000, and his annual on-target bonus opportunity was 100% of his annual base salary.

Mark Partin. Prior to his retirement from the Company on March 1, 2025, we were party to an employment offer letter with Mr. Partin. The employment offer letter had no specific term and provided for “at-will” employment. As of December 31, 2024, Mr. Partin’s annual base salary was $450,000, and his annual on-target bonus opportunity was 75% of his annual base salary.

Jimmy Duan. On May 6, 2024, in connection with Mr. Duan’s hire as Chief Customer Officer, effective as of May 6, 2024, we entered into an employment agreement with Mr. Duan. Under this employment agreement (the “Duan Employment Agreement”), as Chief Customer Officer, Mr. Duan will earn an annual base salary of $425,000, and have a target bonus of 70% of his salary. The Duan Employment Agreement also provided for equity awards that have been granted with an approximate value of $6,000,000, which were made up of 50% RSUs that will vest over four years, subject to Mr. Duan’s continued full-time employment, and 50% PSUs that will vest on the same performance terms as awards granted to our other executives in 2024, as determined by the Compensation Committee.

Karole Morgan-Prager. We entered into an employment offer letter with Ms. Morgan-Prager. The employment letter has no specific term and provides for “at-will” employment. As of December 31, 2024, Ms. Morgan-Prager’s annual base salary was $440,000, and her annual on-target bonus opportunity was 60% of her annual base salary.

Jeremy Ung. On April 15, 2024, in connection with Mr. Ung’s hire as Chief Technology Officer, effective as of April 15, 2024, we entered into an