Company: BL
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001666134-25-000011
Chunk: 49

Company: BLACKLINE, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 49
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 Compensia, the Compensation Committee approved the following compensation peer group for 2024 compensation decisions:

| Alteryx              |     | nCino                |     | Smartsheet       |
| AppFolio             |     | PagerDuty            |     | SPS Commerce     |
| Appian               |     | Procore Technologies |     | Tenable Holdings |
| Clearwater Analytics |     | Q2 Holdings          |     | Varonis Systems  |
| Five9                |     | Qualys               |     | Workiva          |
| Intapp               |     | Rapid7               |     |                  |

Relative to the compensation peer group approved for 2023 compensation decisions, Coupa Software and New Relic were removed because they had been acquired. Paylocity Holding was removed because it fell outside of the revenue and market capitalization guidelines set forth above. Clearwater Analytics and Intapp were added so that we would continue to have a reasonably sized peer group and they met the criteria outlined above.

To analyze the executive compensation practices of the companies in our compensation peer group, Compensia gathered data from public filings. This information is supplemented with survey data from the Radford Global Compensation Survey database of companies that are similar to us in revenue, market capitalization and industry for purposes of providing additional perspective in the case of executive positions where the compensation peer group offered a limited number of relevant data points. This market data was then used as a reference point for the Compensation Committee to assess our current executive compensation levels in its deliberations on compensation forms and amounts. The market data reviewed in setting the compensation of our Co-CEOs was the average of the data shown in public filings for each peer company’s CEO and second-highest paid executive, a typical approach based on Compensia’s experience.

The Compensation Committee reviews our compensation peer group at least annually and adjusts its composition, taking into account changes in both our business and the businesses of the companies in the peer group.

Stockholder Advisory Votes on Named Executive Officer Compensation and Stockholder Engagement

Our stockholders have an opportunity to cast an advisory vote to approve (i) our NEOs’ compensation and (ii) the frequency of the vote to approve the NEOs’ compensation (“Say-on-Frequency”). We hold the advisory vote on our NEOs’ compensation annually and the Say-on-Frequency vote every six years, including this year. At our 2024 annual meeting, over 94% of our stockholders supported our compensation practices, a marked increase in stockholder