# EDGAR Filing Document

**Accession Number:** 0001666134
**File Stem:** 0001666134-25-000021
**Filing Date:** 2025-6
**Character Count:** 13218
**Document Hash:** b01850af7552954c8edc7ce903266d80
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001666134-25-000021.hdr.sgml**: 20250616

**ACCESSION NUMBER**: 0001666134-25-000021

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250613

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250616

**DATE AS OF CHANGE**: 20250616

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKLINE, INC.
- **CENTRAL INDEX KEY:** 0001666134
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 463354276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37924
- **FILM NUMBER:** 251048622

**BUSINESS ADDRESS:**
- **STREET 1:** 21300 VICTORY BOULEVARD
- **STREET 2:** 12TH FLOOR
- **CITY:** WOODLAND HILLS
- **STATE:** CA
- **ZIP:** 91367
- **BUSINESS PHONE:** 818-223-9008

**MAIL ADDRESS:**
- **STREET 1:** 21300 VICTORY BOULEVARD
- **STREET 2:** 12TH FLOOR
- **CITY:** WOODLAND HILLS
- **STATE:** CA
- **ZIP:** 91367

?xml version='1.0' encoding='ASCII'? bl-20250613

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

__________________________

**FORM 8-K**

__________________________

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported)**

**June 13, 2025**

__________________________

**BLACKLINE, INC.**

**(Exact name of registrant as specified in its charter)**

__________________________

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| | | |
|:---|:---|:---|
| **Delaware** | **001-37924** | **46-3354276** |
| **(State or other jurisdiction**<br>**of incorporation)** | **(Commission**<br>**File Number)** | **(I.R.S. Employer**<br>**Identification Number)** |

---

**21300 Victory Boulevard, 12**<sup>th</sup> **Floor**

**Woodland Hills, California 91367**

**(Address of principal executive offices) (Zip Code)**

**(818) 223-9008**

**(Registrant's telephone number, including area code)**

**Not Applicable**

**(Former name or former address, if changed since last report)**

__________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br>**Symbol(s)** | **Name of each exchange**<br>**on which registered** |
| Common Stock, $0.01, par value | BL | The Nasdaq Global Select Market |

---

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

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**Item 5.02 &nbsp;&nbsp;&nbsp;&nbsp;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On June 13, 2025, the Board of Directors (the "Board") of BlackLine, Inc. (the "Company") appointed Saranga "Sam" Balaji to serve as a member of the Board, with a term beginning on June 13, 2025. Mr. Balaji will serve in the class of directors whose term expires at the Company's annual meeting of stockholders to be held in 2027. Mr. Balaji will also join the Technology and Cybersecurity Committee of the Board (the "Technology and Cybersecurity Committee").

Mr. Balaji spent 28 years at Deloitte, where he held various leadership roles, and most recently served as Global CEO of Deloitte Consulting from 2019 to 2024. Mr. Balaji holds a B.S. in chemical engineering from Annamalai University and a M.S. in computer science and automation from the Indian Institute of Science.

In accordance with the Company's amended and restated Outside Director Compensation Policy, the terms of which are described in the Company's proxy statement for its 2025 annual meeting of stockholders, Mr. Balaji is entitled to cash and equity compensation for his service on the Board and the Technology and Cybersecurity Committee. He will also enter into BlackLine's standard form of indemnification agreement, which has been previously filed with the Securities and Exchange Commission.

There are no family relationships between Mr. Balaji and any director or executive officer of the Company, and Mr. Balaji has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits

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| | |
|:---|:---|
| **Exhibit<br>Number** | **Description** |
| 99.1 | [Press](ex9912025-06x13.htm)[R](ex9912025-06x13.htm)[elease](ex9912025-06x13.htm)[issued by BlackLine, Inc., dated](ex9912025-06x13.htm)[June](ex9912025-06x13.htm)[16](ex9912025-06x13.htm)[, 202](ex9912025-06x13.htm)[5](ex9912025-06x13.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | **BLACKLINE, INC.** | **BLACKLINE, INC.** |
| Date: June 15, 2025 | By: | /s/ Karole Morgan-Prager |
|  |  | Karole Morgan-Prager |
|  |  | Chief Legal and Administrative Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![image_0a.jpg](image_0a.jpg)

**BlackLine Appoints Former Deloitte Global Executive Sam Balaji to Board of Directors**

**LOS ANGELES – June 16, 2025 –** BlackLine, Inc. (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the appointment of Sam Balaji to its Board of Directors, effective June 13, 2025. With more than three decades of global leadership experience scaling technology businesses, Mr. Balaji brings deep expertise in enterprise software, artificial intelligence, cybersecurity, and global go-to-market strategies.

Mr. Balaji spent 28 years at Deloitte, where he most recently served as CEO of Deloitte Consulting. He led the strategy and execution that drove growth and market momentum through strategic investments in high-impact areas like Cloud, AL and Cyber. He was instrumental in forging go-to-market relationships with both established tech giants and emerging innovators, and led over 100 mergers, acquisitions, and investments across markets to accelerate Deloitte's global expansion.

"Sam's exceptional breadth of experience across enterprise technology, M&A, and executive leadership is a strong addition to BlackLine's Board," said Owen Ryan, BlackLine's Co-CEO and Board Chair. "His expertise in scaling businesses, creating and executing global strategies, and advising CXOs will play a pivotal role as we expand our platform, deepen our partnerships, and continue to deliver transformative outcomes for the Office of the CEO."

"Sam's track record speaks for itself**–**but what impressed me most was his ability to think big while staying grounded in what truly creates value for customers," said Therese Tucker, Founder and Co-CEO of BlackLine. "He's not just a strategic thinker**–**he's a builder, a mentor, and a leader who understands how to navigate complexity and unlock growth. I'm thrilled to welcome him to the Board as we write the next chapter of our journey."

"I'm honored to join BlackLine's Board at such a pivotal time," said Mr. Balaji. "BlackLine's cutting-edge platform, compelling vision, and accelerating AI-driven momentum in digital finance transformation are unmatched. I look forward to helping guide the company through its next phase of growth and innovation."

**About BlackLine**

BlackLine, Inc. (Nasdaq: BL) is the future-ready financial operations platform for the Office of the CFO. BlackLine's unified platform and purpose-built products are trusted by nearly 4,400 companies worldwide to drive accuracy, efficiency, and intelligence across critical financial processes. Designed to empower accounting, finance, and operations teams to work smarter and faster, BlackLine enables organizations to modernize operations and accelerate business performance.

For more information, please visit blackline.com.

\# \# \#

**Media Contact:**

Samantha Darilek

VP, Corporate Communications

samantha.darilek@blackline.com

**Safe Harbor** 

This document contains forward-looking statements. These statements may relate to, but are not limited to, expectations of future operating results or financial performance of BlackLine, Inc. ("BlackLine" or the "Company"), the calculation of certain key financial and operating metrics, capital expenditures, introduction of new solutions or products, expansion into new markets, regulatory compliance, plans for growth and future operations, technological capabilities, and strategic relationships, as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expect," "plan," anticipate," "believe," "estimate," "predict," "intend," "potential,"

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"would," "continue," "ongoing" or the negative of these terms or other comparable terminology. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.

Forward-looking statements are based on information available at the time those statements are made and/or management's good faith beliefs and assumptions as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this presentation may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. These risks and uncertainties are described in greater detail under the heading "Risk Factors" in the filings we make with the Securities and Exchange Commission ("SEC") from time to time, which are available on our website at http://investors.BlackLine.com and on the SEC's website at www.sec.gov. Except as required by law, BlackLine does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

In addition, statements that "we believe" and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this presentation, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.

In addition to U.S. GAAP financials, this document includes certain non-GAAP financial measures, including non-GAAP revenue, gross profit, gross margin, free cash flow, sales and marketing expense, research and development expense, general and administrative expense, loss from operations and operating margin (loss). These non-GAAP measures are in addition to, not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP. The non-GAAP financial measures we use may differ from the non-GAAP financial measures used by other companies.

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