Company: BL
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001666134-25-000011
Chunk: 70

Company: BLACKLINE, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 70
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 date fair value of the PSUs granted in the year indicated, as computed in accordance with ASC 718. For PSUs, the value is reported as of the grant date based on the probable outcome of performance conditions, consistent with the estimate of aggregate compensation cost to be recognized over the service period determined as of the grant date under ASC 718, excluding the effect of estimated forfeitures. For PSUs approved in years prior to 2024, for which performance conditions were approved in 2024, the grant date for purposes of this disclosure is deemed to be in 2024. PSUs vest upon achievement of corporate performance goals. The assumptions used in the valuation of these awards are consistent with the valuation methodologies specified in the notes to our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024.

The grant date fair value of the fiscal 2024 PSUs assuming that the highest level of performance is achieved under the applicable performance measures is presented below. The estimated grant date fair value for these PSUs presented in the table above is different from (and lower than) the maximum value set forth below. These amounts do not necessarily correspond to the actual value recognized by our NEOs.

| Name                 |     | Maximum Value of 2024 PSUs |
| Therese Tucker       |     |                $10,294,562 |
| Owen Ryan            |     |                $10,294,562 |
| Mark Partin          |     |                 $7,782,338 |
| Jimmy Duan           |     |                 $4,947,552 |
| Karole Morgan-Prager |     |                 $4,689,822 |
| Jeremy Ung           |     |                 $5,772,104 |

(4) The amounts in this column represent annual incentives earned under our bonus plans for the applicable fiscal year.

(5) The amounts in this column represents sign-on bonuses in connection with Mr. Duan’s and Mr. Ung’s commencement of employment with the Company, consisting of $120,000 and $150,000, respectively.

(6) In 2024, this amount includes: (a) for Mr. Ryan, Mr. Partin, Mr. Duan, Ms. Morgan-Prager, and Mr. Ung, 401(k) plan matching contributions in the amount of $13,800 each; and (b) for Ms. Morgan-Prager, $7,748 in US and foreign tax equal