Bora Chung - 16 Feb 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
16 Feb 2022
Net transactions value
-$2,529,525
Form type
4
Filing time
18 Feb 2022, 15:26:11 UTC
Previous filing
20 Jan 2022
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $68,442 +7,813 +438% $8.76* 9,595 16 Feb 2022 Direct F1
transaction BILL Common Stock Options Exercise $11,670 +1,042 +11% $11.20* 10,637 16 Feb 2022 Direct
transaction BILL Common Stock Sale $48,904 -200 -1.9% $244.52 10,437 16 Feb 2022 Direct F2, F3
transaction BILL Common Stock Sale $24,606 -100 -0.96% $246.06 10,337 16 Feb 2022 Direct F2
transaction BILL Common Stock Sale $123,890 -500 -4.8% $247.78 9,837 16 Feb 2022 Direct F2, F4
transaction BILL Common Stock Sale $239,134 -961 -9.8% $248.84 8,876 16 Feb 2022 Direct F2, F5
transaction BILL Common Stock Sale $347,573 -1,390 -16% $250.05 7,486 16 Feb 2022 Direct F2, F6
transaction BILL Common Stock Sale $275,972 -1,100 -15% $250.88 6,386 16 Feb 2022 Direct F2, F7
transaction BILL Common Stock Sale $226,892 -900 -14% $252.10 5,486 16 Feb 2022 Direct F2, F8
transaction BILL Common Stock Sale $303,787 -1,200 -22% $253.16 4,286 16 Feb 2022 Direct F2, F9
transaction BILL Common Stock Sale $120,942 -475 -11% $254.61 3,811 16 Feb 2022 Direct F2, F10
transaction BILL Common Stock Sale $408,923 -1,600 -42% $255.58 2,211 16 Feb 2022 Direct F2, F11
transaction BILL Common Stock Sale $463,280 -1,806 -82% $256.52 405 16 Feb 2022 Direct F2, F12
transaction BILL Common Stock Sale $25,735 -100 -25% $257.35 305 16 Feb 2022 Direct F2

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 -7,813 -9.1% $0.000000 78,125 16 Feb 2022 Common Stock 7,813 $8.76 Direct F13
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1,042 -6.3% $0.000000 15,625 16 Feb 2022 Common Stock 1,042 $11.20 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 $244.22 to $244.82 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.23 to $248.06 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 $248.32 to $249.28 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.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.53 to $250.52 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 $250.59 to $251.41 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 $251.63 to $252.58 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 $252.71 to $253.69 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 $254.01 to $254.99 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.03 to $255.95 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 $256.04 to $257.025 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 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.
F14 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.