Rajesh A. Aji - 28 May 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji
Issuer symbol
BILL
Transactions as of
28 May 2021
Net transactions value
-$240,013
Form type
4
Filing time
01 Jun 2021, 21:09:07 UTC
Next filing
03 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $17,494 +1,562 +36% $11.20* 5,919 28 May 2021 Direct
transaction BILL Common Stock Options Exercise $19,632 +283 +4.8% $69.37 6,202 28 May 2021 Direct
transaction BILL Common Stock Sale $125,762 -845 -14% $148.83 5,357 28 May 2021 Direct F1, F2
transaction BILL Common Stock Sale $60,142 -400 -7.5% $150.36 4,957 28 May 2021 Direct F1, F3
transaction BILL Common Stock Sale $75,930 -500 -10% $151.86 4,457 28 May 2021 Direct F1, F4
transaction BILL Common Stock Sale $15,305 -100 -2.2% $153.05 4,357 28 May 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 -1,562 -4% $0.000000 37,491 28 May 2021 Common Stock 1,562 $11.20 Direct F5
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -283 -3.2% $0.000000 8,467 28 May 2021 Common Stock 283 $69.37 Direct F6
* 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 $148.62 to $149.00 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 $149.98 to $150.57 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 $151.34 to $152.30 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 option vests 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.
F6 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.