Bora Chung - Feb 28, 2022 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: Feb 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/2/2022, 05:06 PM
Previous filing: Feb 18, 2022
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BILL	Common Stock	Options Exercise		+1.56K	+512.13%		1.87K	Feb 28, 2022	Direct	F1
transaction	BILL	Common Stock	Options Exercise		+627	+33.58%		2.49K	Feb 28, 2022	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	Restricted Stock Units	Options Exercise	$0	-1.56K	-10%	$0.00	14.1K	Feb 28, 2022	Common Stock	1.56K		Direct	F1, F2
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-627	-6.67%	$0.00	8.77K	Feb 28, 2022	Common Stock	627		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F2	The RSUs vest 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.
F3	The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2021, subject to the continuing service of the Reporting Person on each vesting date.