Steven Cakebread - Jun 10, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
Director
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Jun 10, 2021
Transactions value $
-$283,462
Form type
4
Date filed
6/14/2021, 05:40 PM
Previous filing
Jun 4, 2021
Next filing
Jun 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $26.8K +2K $13.40 2K Jun 10, 2021 Direct
transaction BILL Common Stock Sale -$15.3K -100 -5% $153.30 1.9K Jun 10, 2021 Direct F1
transaction BILL Common Stock Sale -$155K -1K -52.63% $154.54 900 Jun 10, 2021 Direct F1, F2
transaction BILL Common Stock Sale -$140K -900 -100% $155.99 0 Jun 10, 2021 Direct F1, F3

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 Stock Option (Right to Buy) Options Exercise $0 -2K -3.26% $0.00 59.3K Jun 10, 2021 Common Stock 2K $13.40 Direct F4
* 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 $154.32 to $154.75 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 $155.67 to $156.20 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.
F4 The option vests over a three year period, with 1/3 of the shares vesting on May 15, 2020, and then 1/3 of the shares on each yearly anniversary thereafter until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.