Bora Chung - May 28, 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
May 28, 2022
Transactions value $
-$52,031
Form type
4
Date filed
6/1/2022, 09:15 PM
Previous filing
May 26, 2022
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +1.56K +253.73% 2.18K May 28, 2022 Direct F1
transaction BILL Common Stock Options Exercise +627 +28.77% 2.81K May 28, 2022 Direct F1
transaction BILL Common Stock Options Exercise $65.1K +938 +33.43% $69.37 3.74K May 31, 2022 Direct
transaction BILL Common Stock Sale -$117K -938 -25.05% $124.84 2.81K May 31, 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 Restricted Stock Units Options Exercise $0 -1.56K -11.11% $0.00 12.5K May 28, 2022 Common Stock 1.56K Direct F1, F3
transaction BILL Restricted Stock Units Options Exercise $0 -627 -7.15% $0.00 8.15K May 28, 2022 Common Stock 627 Direct F1, F4
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -938 -11.12% $0.00 7.5K May 31, 2022 Common Stock 938 $69.37 Direct F5
* 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 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.
F4 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.
F5 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.