---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-142081"
form_type: "8-K"
ticker: "BL"
cik: "0001666134"
company_name: "BLACKLINE, INC."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:15:53.720603+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# BlackLine shareholders reject executive compensation in advisory vote at 2023 annual meeting

## Summary
- Say-on-pay vote: 16.96M for, 29.07M against, 96.7K abstain; majority opposed.
- Class I directors elected: Therese Tucker (44.8M for), Tom Unterman (29.3M for), Amit Yoran (45.3M for).
- Ratification of PwC as auditor for FY2023 approved with 55.2M for, 0.56M against.
- Broker non-votes of 9.77M on director elections and say-on-pay.

## SEC filing metadata
- accession: 0001193125-23-142081
- form_type: 8-K
- ticker: BL
- cik: 0001666134
- company_name: BLACKLINE, INC.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666134/000119312523142081/0001193125-23-142081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666134/000119312523142081/d496448d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-142081
- JSON: https://secwatch.observer/filing/0001193125-23-142081.json
- Plain text: https://secwatch.observer/filing/0001193125-23-142081.txt

## Key facts
- Shareholder Votes
  BLACKLINE, INC. shareholders approved To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-10 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-10
  source text: Proposal 2 : To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 For: Against: Abstain: 55,241,890 562,937 86,214 There were no broker non-votes on this proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666134/000119312523142081/0001193125-23-142081-index.htm
- Shareholder Votes
  BLACKLINE, INC. shareholders approved Election of Class I directors at the 2023-05-10 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-10
  source text: Proposal 1 : Election of Class I directors Nominee: For: Withheld: Broker Non-Votes: Therese Tucker 44,844,847 1,279,001 9,767,193 Tom Unterman 29,270,143 16,853,705 9,767,193 Amit Yoran 45,259,304 864,544 9,767,193
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666134/000119312523142081/0001193125-23-142081-index.htm
- Shareholder Votes
  BLACKLINE, INC. shareholders rejected Advisory non-binding vote on Named Executive Officer Compensation at the 2023-05-10 meeting.
  - Proposal: say on pay
  - Outcome: failed
  - Meeting: 2023-05-10
  source text: Proposal 3 : Advisory non-binding vote on Named Executive Officer Compensation For: Against: Abstain: Broker Non-Votes: 16,955,786 29,071,325 96,737 9,767,193
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666134/000119312523142081/0001193125-23-142081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
