John R. Rettig - 07 Jun 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
CFO
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
07 Jun 2021
Net transactions value
-$1,169,797
Form type
4
Filing time
08 Jun 2021, 19:37:19 UTC
Previous filing
03 Jun 2021
Next filing
25 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $21,040 +4,000 +6.5% $5.26* 65,858 07 Jun 2021 Direct
transaction BILL Common Stock Options Exercise $13,140 +1,500 +2.3% $8.76* 67,358 07 Jun 2021 Direct
transaction BILL Common Stock Options Exercise $69,370 +1,000 +1.5% $69.37 68,358 07 Jun 2021 Direct
transaction BILL Common Stock Sale $162,833 -1,100 -1.6% $148.03 67,258 07 Jun 2021 Direct F1, F2
transaction BILL Common Stock Sale $60,041 -402 -0.6% $149.35 66,856 07 Jun 2021 Direct F1, F3
transaction BILL Common Stock Sale $81,604 -542 -0.81% $150.56 66,314 07 Jun 2021 Direct F1, F4
transaction BILL Common Stock Sale $136,633 -900 -1.4% $151.81 65,414 07 Jun 2021 Direct F1, F5
transaction BILL Common Stock Sale $259,484 -1,700 -2.6% $152.64 63,714 07 Jun 2021 Direct F1, F6
transaction BILL Common Stock Sale $356,371 -2,314 -3.6% $154.01 61,400 07 Jun 2021 Direct F1, F7
transaction BILL Common Stock Sale $216,381 -1,400 -2.3% $154.56 60,000 07 Jun 2021 Direct F1, F8
holding BILL Common Stock 78,689 07 Jun 2021 By Trust F9

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 -4,000 -4.2% $0.000000 92,000 07 Jun 2021 Common Stock 4,000 $5.26 Direct F10
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1,500 -1.5% $0.000000 97,000 07 Jun 2021 Common Stock 1,500 $8.76 Direct F11
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1,000 -2.9% $0.000000 33,000 07 Jun 2021 Common Stock 1,000 $69.37 Direct F12
* 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 $147.78 to $148.40 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 $149.10 to $150.00 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.21 to $151.15 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 $151.22 to $152.14 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 $152.27 to $152.95 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 $153.27 to $154.25 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.27 to $154.74 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.
F9 The shares are held by the Rettig Living Trust U/A DTD 12/02/2020, of which the reporting holder and his spouse are co-trustees.
F10 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.
F11 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.
F12 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.