Philip J. Hilal - Nov 8, 2021 Form 4 Insider Report for BOTTOMLINE TECHNOLOGIES INC (EPAY)

Role: Director, Other*
Signature: /s/ Philip J. Hilal
Stock symbol: EPAY
Transactions as of: Nov 8, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/9/2021, 04:20 PM
Next filing: Nov 18, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPAY	Common Stock, par value $0.001 per share	Award	$0	+5K	+0.54%	$0.00	930K	Nov 8, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This grant vests on the first anniversary of the grant date. The grant was awarded to Philp J. Hilal ("Mr. Hilal"). Mr. Hilal is deemed to hold the grant for the benefit of Clearfield Capital Management LP ("Clearfield") and the funds managed by Clearfield.

Remarks:

Clearfield may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, by virtue of the fact that Mr. Hilal, who indirectly controls Clearfield, currently serves on the board of directors of the Issuer.