Bora Chung - Dec 16, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
Chief Experience Officer
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Dec 16, 2021
Transactions value $
-$2,536,505
Form type
4
Date filed
12/17/2021, 05:31 PM
Previous filing
Nov 30, 2021
Next filing
Jan 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $68.4K +7.81K +246.62% $8.76* 11K Dec 16, 2021 Direct
transaction BILL Common Stock Options Exercise $11.7K +1.04K +9.48% $11.20* 12K Dec 16, 2021 Direct
transaction BILL Common Stock Options Exercise $65.1K +938 +7.8% $69.37 13K Dec 16, 2021 Direct
transaction BILL Common Stock Sale -$2.68M -11.3K -87.33% $236.94 1.64K Dec 16, 2021 Direct F1

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 -7.81K -7.69% $0.00 93.8K Dec 16, 2021 Common Stock 7.81K $8.76 Direct F2
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1.04K -5.55% $0.00 17.7K Dec 16, 2021 Common Stock 1.04K $11.20 Direct F3
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -938 -9.1% $0.00 9.38K Dec 16, 2021 Common Stock 938 $69.37 Direct F4
* 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 option vested 25% of the total shares on December 10, 2019 and thereafter 1/48th 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.
F3 The option vested 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.
F4 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.