John R. Rettig - Aug 27, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
CFO
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Aug 27, 2021
Transactions value $
-$5,312,619
Form type
4
Date filed
8/31/2021, 08:32 PM
Previous filing
Aug 6, 2021
Next filing
Sep 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $87.6K +10K +12.66% $8.76* 89K Aug 27, 2021 Direct
transaction BILL Common Stock Options Exercise $87.6K +10K +11.23% $8.76* 99K Aug 27, 2021 Direct
transaction BILL Common Stock Sale -$405K -1.7K -1.72% $237.97 97.3K Aug 27, 2021 Direct F1, F2
transaction BILL Common Stock Sale -$676K -2.8K -2.88% $241.59 94.5K Aug 27, 2021 Direct F1, F3
transaction BILL Common Stock Sale -$97.1K -400 -0.42% $242.65 94.1K Aug 27, 2021 Direct F1, F4
transaction BILL Common Stock Sale -$197K -800 -0.85% $246.39 93.3K Aug 27, 2021 Direct F1, F5
transaction BILL Common Stock Sale -$717K -2.9K -3.11% $247.36 90.4K Aug 27, 2021 Direct F1, F6
transaction BILL Common Stock Sale -$99.5K -400 -0.44% $248.79 90K Aug 27, 2021 Direct F1, F7
transaction BILL Common Stock Sale -$2.75M -11K -12.22% $249.99 79K Aug 27, 2021 Direct F1, F8
transaction BILL Common Stock Options Exercise +3.75K +4.75% 82.8K Aug 28, 2021 Direct F9
transaction BILL Common Stock Sale -$16.2K -59 -0.07% $274.56 82.7K Aug 30, 2021 Direct F10, F11
transaction BILL Common Stock Sale -$13K -47 -0.06% $275.73 82.7K Aug 30, 2021 Direct F10, F12
transaction BILL Common Stock Sale -$48.5K -175 -0.21% $277.00 82.5K Aug 30, 2021 Direct F10, F13
transaction BILL Common Stock Sale -$19.8K -71 -0.09% $278.40 82.4K Aug 30, 2021 Direct F10, F14
transaction BILL Common Stock Sale -$34.7K -124 -0.15% $280.17 82.3K Aug 30, 2021 Direct F10, F15
transaction BILL Common Stock Sale -$13.2K -47 -0.06% $281.90 82.2K Aug 30, 2021 Direct F10, F16
transaction BILL Common Stock Sale -$58.9K -208 -0.25% $283.16 82K Aug 30, 2021 Direct F10, F17
transaction BILL Common Stock Sale -$104K -367 -0.45% $283.95 81.7K Aug 30, 2021 Direct F10, F18
transaction BILL Common Stock Sale -$8.66K -30 -0.04% $288.55 81.6K Aug 30, 2021 Direct F10
transaction BILL Common Stock Sale -$162K -557 -0.68% $290.03 81.1K Aug 30, 2021 Direct F10, F19
transaction BILL Common Stock Sale -$67.2K -231 -0.28% $291.05 80.8K Aug 30, 2021 Direct F10, F20
holding BILL Common Stock 78.7K Aug 27, 2021 By Trust F21

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 -10K -10.86% $0.00 82.1K Aug 27, 2021 Common Stock 10K $8.76 Direct F22
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -10K -10.64% $0.00 84K Aug 27, 2021 Common Stock 10K $8.76 Direct F23
transaction BILL Restricted Stock Units Options Exercise $0 -3.75K -8.33% $0.00 41.3K Aug 28, 2021 Common Stock 3.75K Direct F9, F24
* 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 $237.61 to $238.23 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 $241.02 to $241.63 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.43 to $242.82 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 $246.13 to $246.49 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 $247.31 to $247.67 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 $248.51 to $249.39 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.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.71 to $250.00 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.
F9 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F10 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F11 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.
F12 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.
F13 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.
F14 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.
F15 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.
F16 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.
F17 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.
F18 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.
F19 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.
F20 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.
F21 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.
F22 The option vests 1/48th of the total shares monthly beginning January 10, 2019 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F23 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.
F24 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.