John R. Rettig - 07 Feb 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
CFO
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
07 Feb 2022
Net transactions value
-$1,406,015
Form type
4
Filing time
09 Feb 2022, 19:03:29 UTC
Previous filing
06 Jan 2022
Next filing
10 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $21,040 +4,000 +6.6% $5.26* 64,754 07 Feb 2022 Direct F1
transaction BILL Common Stock Options Exercise $13,140 +1,500 +2.3% $8.76* 66,254 07 Feb 2022 Direct
transaction BILL Common Stock Options Exercise $69,370 +1,000 +1.5% $69.37 67,254 07 Feb 2022 Direct
transaction BILL Common Stock Sale $22,766 -100 -0.15% $227.66 67,154 07 Feb 2022 Direct F2
transaction BILL Common Stock Sale $203,597 -888 -1.3% $229.28 66,266 07 Feb 2022 Direct F2, F3
transaction BILL Common Stock Sale $460,674 -2,000 -3% $230.34 64,266 07 Feb 2022 Direct F2, F4
transaction BILL Common Stock Sale $254,483 -1,100 -1.7% $231.35 63,166 07 Feb 2022 Direct F2, F5
transaction BILL Common Stock Sale $212,089 -912 -1.4% $232.55 62,254 07 Feb 2022 Direct F2, F6
transaction BILL Common Stock Sale $70,120 -300 -0.48% $233.73 61,954 07 Feb 2022 Direct F2, F7
transaction BILL Common Stock Sale $118,268 -500 -0.81% $236.54 61,454 07 Feb 2022 Direct F2, F8
transaction BILL Common Stock Sale $71,311 -300 -0.49% $237.70 61,154 07 Feb 2022 Direct F2, F9
transaction BILL Common Stock Sale $47,845 -200 -0.33% $239.22 60,954 07 Feb 2022 Direct F2, F10
transaction BILL Common Stock Sale $24,104 -100 -0.16% $241.04 60,854 07 Feb 2022 Direct F2
transaction BILL Common Stock Sale $24,309 -100 -0.16% $243.09 60,754 07 Feb 2022 Direct F2
holding BILL Common Stock 94,350 07 Feb 2022 By Trust F11

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 -4,000 -8.9% $0.000000 40,989 07 Feb 2022 Common Stock 4,000 $5.26 Direct F12
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1,500 -2% $0.000000 75,000 07 Feb 2022 Common Stock 1,500 $8.76 Direct F13
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1,000 -3.8% $0.000000 25,000 07 Feb 2022 Common Stock 1,000 $69.37 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 140 shares of Common Stock acquired under the Issuer's employee stock purchase plan on February 4, 2022.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.94 to $229.64 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 $230.00 to $230.98 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 $231.01 to $231.88 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 $232.02 to $233.01 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 $233.29 to $233.97 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 $236.11 to $237.04 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 $237.53 to $238.01 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 $239.15 to $239.30 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 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.
F12 The option vests 1/48th of the total shares monthly beginning September 2, 2018 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F13 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.
F14 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.