John R. Rettig - May 10, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
CFO
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
May 10, 2021
Transactions value $
-$823,304
Form type
4
Date filed
5/12/2021, 08:28 PM
Previous filing
Jul 20, 2022
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $21K +4K +6.67% $5.26* 64K May 10, 2021 Direct
transaction BILL Common Stock Options Exercise $13.1K +1.5K +2.34% $8.76* 65.5K May 10, 2021 Direct
transaction BILL Common Stock Options Exercise $69.4K +1K +1.53% $69.37 66.5K May 10, 2021 Direct
transaction BILL Common Stock Sale -$155K -1.1K -1.65% $140.84 65.4K May 10, 2021 Direct F1, F2
transaction BILL Common Stock Sale -$383K -2.7K -4.13% $141.73 62.7K May 10, 2021 Direct F1, F3
transaction BILL Common Stock Sale -$186K -1.3K -2.08% $142.71 61.4K May 10, 2021 Direct F1, F4
transaction BILL Common Stock Sale -$28.7K -200 -0.33% $143.63 61.2K May 10, 2021 Direct F1, F5
transaction BILL Common Stock Sale -$102K -700 -1.14% $145.18 60.5K May 10, 2021 Direct F1, F6
transaction BILL Common Stock Sale -$14.6K -100 -0.17% $145.93 60.4K May 10, 2021 Direct F1
transaction BILL Common Stock Sale -$58.8K -400 -0.66% $146.98 60K May 10, 2021 Direct F1, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -4K -4% $0.00 96K May 10, 2021 Common Stock 4K $5.26 Direct F8, F9
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1.5K -1.5% $0.00 98.5K May 10, 2021 Common Stock 1.5K $8.76 Direct F10
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1K -2.86% $0.00 34K May 10, 2021 Common Stock 1K $69.37 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.21 to $141.20 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.23 to $142.11 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $142.25 to $143.11 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.57 to $143.68 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.79 to $145.64 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.94 to $146.99 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The option vests 1/48th of the total shares monthly beginning September 2, 2018 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F9 Reflects one share less than previously reported. One additional share for this grant was inadvertently reported in the Reporting Holder's Form 3 in connection with the application of the reverse stock split of the Issuer's stock immediately prior to the closing of the Issuer's initial public offering.
F10 The option vests 50% on December 10, 2020 and thereafter 1/48 of the total shares vest monthly until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F11 The option vests in 16 equal quarterly installments over four years, beginning August 28, 2020, subject to the continuing service of the Reporting Person on each vesting date.