Bora Chung - May 25, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
Chief Experience Officer
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
May 25, 2021
Transactions value $
-$1,025,815
Form type
4
Date filed
5/26/2021, 06:06 PM
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 $52.6K +6K +21.69% $8.76* 33.7K May 25, 2021 Direct
transaction BILL Common Stock Options Exercise $16.8K +1.5K +4.46% $11.20* 35.2K May 25, 2021 Direct
transaction BILL Common Stock Sale -$360K -2.49K -7.08% $144.68 32.7K May 25, 2021 Direct F1, F2
transaction BILL Common Stock Sale -$205K -1.41K -4.32% $145.62 31.3K May 25, 2021 Direct F1, F3
transaction BILL Common Stock Sale -$308K -2.1K -6.72% $146.68 29.2K May 25, 2021 Direct F1, F4
transaction BILL Common Stock Sale -$192K -1.3K -4.46% $147.56 27.9K May 25, 2021 Direct F1, F5
transaction BILL Common Stock Sale -$29.7K -200 -0.72% $148.73 27.7K May 25, 2021 Direct F1

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 -6K -3.4% $0.00 170K May 25, 2021 Common Stock 6K $8.76 Direct F6
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1.5K -4.87% $0.00 29.3K May 25, 2021 Common Stock 1.5K $11.20 Direct F7
* 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 $144.19 to $145.17 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 $145.20 to $146.19 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 $146.20 to $147.17 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 $147.28 to $148.01 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 option vested 25% of the total shares on December 10, 2019 and thereafter 1/48th 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.
F7 The option vested 1/48th of the total shares monthly beginning June 15, 2019 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.