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

Signature
/s/ Rajesh Aji
Issuer symbol
BILL
Transactions as of
28 Aug 2021
Net transactions value
-$1,924,740
Form type
4
Filing time
31 Aug 2021, 19:37:04 UTC
Previous filing
18 Aug 2021
Next filing
10 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +937 +22% 5,294 28 Aug 2021 Direct F1
transaction BILL Common Stock Sale $4,118 -15 -0.28% $274.56 5,279 30 Aug 2021 Direct F2, F3
transaction BILL Common Stock Sale $3,309 -12 -0.23% $275.73 5,268 30 Aug 2021 Direct F2, F4
transaction BILL Common Stock Sale $11,911 -43 -0.82% $277.00 5,224 30 Aug 2021 Direct F2, F5
transaction BILL Common Stock Sale $5,011 -18 -0.34% $278.40 5,207 30 Aug 2021 Direct F2, F6
transaction BILL Common Stock Sale $8,685 -31 -0.6% $280.17 5,176 30 Aug 2021 Direct F2, F7
transaction BILL Common Stock Sale $3,383 -12 -0.23% $281.90 5,164 30 Aug 2021 Direct F2, F8
transaction BILL Common Stock Sale $14,441 -51 -0.99% $283.16 5,113 30 Aug 2021 Direct F2, F9
transaction BILL Common Stock Sale $25,839 -91 -1.8% $283.95 5,022 30 Aug 2021 Direct F2, F10
transaction BILL Common Stock Sale $2,020 -7 -0.14% $288.55 5,014 30 Aug 2021 Direct F2
transaction BILL Common Stock Sale $40,025 -138 -2.8% $290.03 4,876 30 Aug 2021 Direct F2, F11
transaction BILL Common Stock Sale $16,590 -57 -1.2% $291.05 4,819 30 Aug 2021 Direct F2, F12
transaction BILL Common Stock Options Exercise $17,494 +1,562 +32% $11.20* 6,381 30 Aug 2021 Direct
transaction BILL Common Stock Options Exercise $43,356 +625 +9.8% $69.37 7,006 30 Aug 2021 Direct
transaction BILL Common Stock Sale $634,230 -2,187 -31% $290.00 4,819 30 Aug 2021 Direct F13
transaction BILL Common Stock Gift $0 -2,178 -45% $0.000000 2,641 30 Aug 2021 Direct
transaction BILL Common Stock Gift $0 +2,178 $0.000000 2,178 30 Aug 2021 See Footnote F14
transaction BILL Common Stock Gift $0 -2,179 -83% $0.000000 462 30 Aug 2021 Direct
transaction BILL Common Stock Gift $0 +2,179 $0.000000 2,179 30 Aug 2021 See Footnote F15
transaction BILL Common Stock Sale $605,996 -2,178 -100% $278.24 0 30 Aug 2021 See Footnote F14, F16
transaction BILL Common Stock Sale $610,033 -2,179 -100% $279.96 0 30 Aug 2021 See Footnote F15

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 Restricted Stock Units Options Exercise $0 -937 -8.3% $0.000000 10,313 28 Aug 2021 Common Stock 937 Direct F1, F17
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1,562 -4.5% $0.000000 32,805 30 Aug 2021 Common Stock 1,562 $11.20 Direct F18
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -625 -7.4% $0.000000 7,842 30 Aug 2021 Common Stock 625 $69.37 Direct F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F2 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.44 to $274.62 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 $275.46 to $276.24 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 $276.76 to $277.39 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 $278.13 to $278.84 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 $279.93 to $280.63 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 $281.68 to $282.66 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 $282.78 to $283.53 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 $283.84 to $284.43 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.00 to $290.45 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.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.04 to $291.09 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.
F13 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F14 The shares are held by the Monsoon Irrevocable Trust dated December 5, 2020, of which the Reporting Person's brother is trustee.
F15 The shares are held by the Sunshine Irrevocable Trust dated December 5, 2020 of which the Reporting Person's brother is trustee.
F16 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.13 to $278.26 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.
F17 The RSUs vest 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.
F18 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.
F19 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.