Bora Chung - Aug 28, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Aug 28, 2021
Transactions value $
-$227,652
Form type
4
Date filed
8/31/2021, 07:38 PM
Previous filing
Aug 18, 2021
Next filing
Sep 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +1.56K +6.08% 27.3K Aug 28, 2021 Direct F1
transaction BILL Common Stock Sale -$6.86K -25 -0.09% $274.56 27.2K Aug 30, 2021 Direct F2, F3
transaction BILL Common Stock Sale -$5.24K -19 -0.07% $275.73 27.2K Aug 30, 2021 Direct F2, F4
transaction BILL Common Stock Sale -$20.2K -73 -0.27% $277.00 27.1K Aug 30, 2021 Direct F2, F5
transaction BILL Common Stock Sale -$8.35K -30 -0.11% $278.40 27.1K Aug 30, 2021 Direct F2, F6
transaction BILL Common Stock Sale -$14.6K -52 -0.19% $280.17 27.1K Aug 30, 2021 Direct F2, F7
transaction BILL Common Stock Sale -$5.64K -20 -0.07% $281.90 27K Aug 30, 2021 Direct F2, F8
transaction BILL Common Stock Sale -$24.6K -87 -0.32% $283.16 27K Aug 30, 2021 Direct F2, F9
transaction BILL Common Stock Sale -$43.4K -153 -0.57% $283.95 26.8K Aug 30, 2021 Direct F2, F10
transaction BILL Common Stock Sale -$3.46K -12 -0.04% $288.55 26.8K Aug 30, 2021 Direct F2
transaction BILL Common Stock Sale -$67.3K -232 -0.87% $290.03 26.6K Aug 30, 2021 Direct F2, F11
transaction BILL Common Stock Sale -$27.9K -96 -0.36% $291.05 26.5K Aug 30, 2021 Direct F2, F12

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 -1.56K -8.33% $0.00 17.2K Aug 28, 2021 Common Stock 1.56K Direct F1, F13
* 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 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.