Bora Chung - Jul 20, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Jul 20, 2021
Transactions value $
-$3,742,474
Form type
4
Date filed
8/18/2021, 04:52 PM
Previous filing
Jul 20, 2021
Next filing
Aug 31, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $133K +15.1K +56.25% $8.76* 42K Aug 16, 2021 Direct
transaction BILL Common Stock Options Exercise $27.7K +2.47K +5.88% $11.20* 44.5K Aug 16, 2021 Direct
transaction BILL Common Stock Options Exercise $86.7K +1.25K +2.81% $69.37 45.7K Aug 16, 2021 Direct
transaction BILL Common Stock Sale -$366K -1.88K -4.1% $195.28 43.9K Aug 16, 2021 Direct F1, F2
transaction BILL Common Stock Sale -$472K -2.41K -5.48% $196.24 41.5K Aug 16, 2021 Direct F1, F3
transaction BILL Common Stock Sale -$394K -2K -4.82% $197.24 39.5K Aug 16, 2021 Direct F1, F4
transaction BILL Common Stock Sale -$591K -2.98K -7.56% $198.26 36.5K Aug 16, 2021 Direct F1, F5
transaction BILL Common Stock Sale -$351K -1.76K -4.84% $199.17 34.7K Aug 16, 2021 Direct F1, F6
transaction BILL Common Stock Sale -$1M -5K -14.4% $200.52 29.7K Aug 16, 2021 Direct F1, F7
transaction BILL Common Stock Sale -$541K -2.69K -9.06% $201.02 27K Aug 16, 2021 Direct F1, F8
transaction BILL Common Stock Sale -$208K -1.03K -3.82% $202.10 26K Aug 16, 2021 Direct F1, F9
transaction BILL Common Stock Sale -$20.3K -100 -0.38% $203.19 25.9K Aug 16, 2021 Direct F1, F10
transaction BILL Common Stock Sale -$41.2K -200 -0.77% $206.06 25.7K Aug 16, 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) Award $0 +6.27K $0.00 6.27K Jul 20, 2021 Common Stock 6.27K $194.41 Direct F11
transaction BILL Restricted Stock Units Award $0 +10K $0.00 10K Jul 20, 2021 Common Stock 10K Direct F12, F13
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -15.1K -10.8% $0.00 125K Aug 16, 2021 Common Stock 15.1K $8.76 Direct F14
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -2.47K -10.15% $0.00 21.9K Aug 16, 2021 Common Stock 2.47K $11.20 Direct F15
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1.25K -10% $0.00 11.3K Aug 16, 2021 Common Stock 1.25K $69.37 Direct F16
* 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 $194.725 to $195.70 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 $195.78 to $196.77 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 $196.78 to $197.765 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 $197.78 to $198.73 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 $198.78 to $199.69 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 $199.84 to $200.83 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 $200.84 to $201.65 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.85 to $202.50 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.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.15 to $203.29 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.
F11 The option vests in 16 equal quarterly installments over four years, beginning August 28, 2021, subject to the continuing service of the Reporting Person on each vesting date.
F12 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F13 The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2021, subject to the continuing service of the Reporting Person on each vesting date.
F14 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.
F15 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.
F16 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.