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

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Mar 16, 2022
Transactions value $
-$1,883,276
Form type
4
Date filed
3/18/2022, 05:24 PM
Previous filing
Mar 8, 2022
Next filing
Apr 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 +558.8% $8.76* 9.21K Mar 16, 2022 Direct
transaction BILL Common Stock Options Exercise $11.7K +1.04K +11.3% $11.20* 10.3K Mar 16, 2022 Direct
transaction BILL Common Stock Options Exercise $65K +937 +9.14% $69.37 11.2K Mar 16, 2022 Direct
transaction BILL Common Stock Sale -$54.2K -300 -2.68% $180.74 10.9K Mar 16, 2022 Direct F1, F2
transaction BILL Common Stock Sale -$72.8K -400 -3.67% $182.06 10.5K Mar 16, 2022 Direct F1, F3
transaction BILL Common Stock Sale -$110K -600 -5.72% $183.35 9.89K Mar 16, 2022 Direct F1, F4
transaction BILL Common Stock Sale -$36.8K -200 -2.02% $184.07 9.69K Mar 16, 2022 Direct F1, F5
transaction BILL Common Stock Sale -$112K -601 -6.2% $185.58 9.09K Mar 16, 2022 Direct F1, F6
transaction BILL Common Stock Sale -$93.3K -500 -5.5% $186.55 8.59K Mar 16, 2022 Direct F1, F7
transaction BILL Common Stock Sale -$75K -400 -4.66% $187.49 8.19K Mar 16, 2022 Direct F1, F8
transaction BILL Common Stock Sale -$37.7K -200 -2.44% $188.47 7.99K Mar 16, 2022 Direct F1, F9
transaction BILL Common Stock Sale -$114K -600 -7.51% $189.86 7.39K Mar 16, 2022 Direct F1, F10
transaction BILL Common Stock Sale -$76.5K -400 -5.41% $191.26 6.99K Mar 16, 2022 Direct F1, F11
transaction BILL Common Stock Sale -$38.5K -200 -2.86% $192.33 6.79K Mar 16, 2022 Direct F1, F12
transaction BILL Common Stock Sale -$287K -1.48K -21.81% $193.78 5.31K Mar 16, 2022 Direct F1, F13
transaction BILL Common Stock Sale -$302K -1.55K -29.21% $194.77 3.76K Mar 16, 2022 Direct F1, F14
transaction BILL Common Stock Sale -$177K -902 -24.01% $195.81 2.86K Mar 16, 2022 Direct F1, F15
transaction BILL Common Stock Sale -$197K -1K -35.03% $197.09 1.86K Mar 16, 2022 Direct F1, F16
transaction BILL Common Stock Sale -$246K -1.24K -66.79% $198.31 616 Mar 16, 2022 Direct F1, F17

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 -10% $0.00 70.3K Mar 16, 2022 Common Stock 7.81K $8.76 Direct F18
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1.04K -6.66% $0.00 14.6K Mar 16, 2022 Common Stock 1.04K $11.20 Direct F19
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -937 -9.99% $0.00 8.44K Mar 16, 2022 Common Stock 937 $69.37 Direct F20
* 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.56 to $181.01 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.67 to $182.48 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 $183.01 to $183.54 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 $184.01 to $184.12 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 $185.16 to $186.15 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 $186.21 to $186.99 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.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.23 to $187.66 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 $188.44 to $188.49 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 $189.68 to $190.26 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 $190.83 to $191.82 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.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $192.08 to $192.58 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.
F13 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $193.30 to $194.20 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.
F14 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $194.38 to $195.37 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.
F15 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.53 to $196.44 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.
F16 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.65 to $197.45 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.
F17 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.96 to $198.73 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.
F18 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.
F19 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.
F20 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.