Blake Thomas Murray - Nov 24, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Nov 24, 2021
Transactions value $
-$36,981,092
Form type
4
Date filed
11/24/2021, 07:05 PM
Previous filing
Nov 24, 2021
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $476K +93.4K $5.09* 93.4K Nov 24, 2021 Direct
transaction BILL Common Stock Options Exercise $567K +18.5K +19.85% $30.56* 112K Nov 24, 2021 Direct
transaction BILL Common Stock Sale -$671K -2.3K -2.05% $291.73 110K Nov 24, 2021 Direct F1
transaction BILL Common Stock Sale -$910K -3.1K -2.83% $293.46 107K Nov 24, 2021 Direct F2
transaction BILL Common Stock Sale -$1.51M -5.14K -4.82% $294.49 101K Nov 24, 2021 Direct F3
transaction BILL Common Stock Sale -$1.44M -4.87K -4.8% $295.76 96.6K Nov 24, 2021 Direct F4
transaction BILL Common Stock Sale -$3.15M -10.6K -10.98% $296.69 86K Nov 24, 2021 Direct F5
transaction BILL Common Stock Sale -$11.5M -38.5K -44.76% $297.73 47.5K Nov 24, 2021 Direct F6
transaction BILL Common Stock Sale -$9.77M -32.7K -68.88% $298.58 14.8K Nov 24, 2021 Direct F7
transaction BILL Common Stock Sale -$4M -13.3K -90.3% $299.62 1.43K Nov 24, 2021 Direct F8
transaction BILL Common Stock Sale -$430K -1.43K -100% $300.37 0 Nov 24, 2021 Direct F9
transaction BILL Common Stock Sale -$2.36M -7.93K -0.74% $298.30 1.06M Nov 24, 2021 See footnote F10, F11
transaction BILL Common Stock Sale -$390K -1.3K -0.12% $299.92 1.06M Nov 24, 2021 See footnote F11, F12
transaction BILL Common Stock Sale -$1.94M -6.46K -0.61% $300.26 1.05M Nov 24, 2021 See footnote F11, F13
holding BILL Common Stock 196K Nov 24, 2021 By Spouse

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 -93.4K -100% $0.00* 0 Nov 24, 2021 Common Stock 93.4K $5.09 Direct F14
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -18.5K -100% $0.00* 0 Nov 24, 2021 Common Stock 18.5K $30.56 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.53 to $292.28 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.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.93 to $293.92 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 $294.07 to $295.05 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 $295.12 to $296.11 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 $296.13 to $297.12 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 $297.13 to $298.12 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 $298.13 to $299.11 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 $299.16 to $300.15 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 $300.23 to $300.84 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.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.00 to $298.92 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 Represents shares held by BTM Investment Holdings, LLC, of which the Reporting Person is the managing member.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.01 to $300.00 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.
F13 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.04 to $300.75 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.
F14 The option is fully vested and exercisable.