Mark Lenhard - 24 Nov 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role: COO
Signature: /s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol: BILL
Transactions as of: 24 Nov 2021
Net transactions value: +$99,990
Form type: 4
Filing time: 29 Nov 2021, 17:34:32 UTC
Previous filing: 12 Nov 2021
Next filing: 19 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BILL	Common Stock	Options Exercise	$99,990	+4,027		$24.83^*	4,027	24 Nov 2021	Direct

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	-4,027	-5.2%	$0.000000	73,090	24 Nov 2021	Common Stock	4,027	$24.83	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option vests as to 71,849 of the total shares on September 1, 2021. The remaining 40,268 shares vest as follows: 1/3 of the shares on September 1, 2022, and thereafter 1/12 of the shares shall vest quarterly until such time as the options are 100% vested, subject to the continuing service of the Reporting Person on each vesting date.