Rory O'Driscoll - Mar 9, 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role: Director
Signature: /s/ Rajesh Aji, Attorney-in-Fact
Stock symbol: BILL
Transactions as of: Mar 9, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/11/2022, 08:25 PM
Previous filing: Dec 10, 2021
Next filing: Dec 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BILL	Common Stock	Other	$0	-953	-100%	$0.00^*	0	Dec 17, 2021	Direct	F1
transaction	BILL	Common Stock	Other	$0	+953	+19.06%	$0.00	5.95K	Dec 17, 2021	See Footnote	F1, F2
holding	BILL	Common Stock						16.6K	Mar 9, 2022	See Footnote	F3

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	Award	$0	+873		$0.00	873	Mar 9, 2022	Common Stock	873		Direct	F4, F5, F6

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

Explanation of Responses:

Id	Content
F1	Under the governing documents of Scale Venture Partners IV, LP ("ScaleVP IV LP"), the shares were transferred to Scale Management, LLC ("ScaleMgt").
F2	The shares are held by ScaleMgt. The managers of ScaleMgt are Rory O'Driscoll, a member of the Issuer's board of directors, Stacey Bishop, Andrew Vitus and Ariel Tseitlin, who all share voting and dispositive power with respect to the shares held by ScaleMgt.
F3	The shares are held by Rory T. O'Driscoll and Olive O'Driscoll, Co-Trustees of the O'Driscoll 2003 Revocable Family Trust.
F4	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F5	The RSUs shall be 100% vested on the earlier of (a) the date of next annual stockholders meeting and (b) one year from the date of grant, subject to continued service on such vesting date.
F6	Pursuant to the policies of ScaleVP IV LP and ScaleMgt, the Reporting Person is deemed to hold the reported RSUs for the benefit of ScaleMgt. ScaleMgt may be deemed the indirect beneficial owner of the RSUs.