Bora Chung - Jun 15, 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Jun 15, 2022
Transactions value $
-$1,013,934
Form type
4
Date filed
6/17/2022, 06:08 PM
Previous filing
Jun 3, 2022
Next filing
Jul 19, 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 +478.44% $8.76* 9.45K Jun 15, 2022 Direct
transaction BILL Common Stock Options Exercise $11.7K +1.04K +11.02% $11.20* 10.5K Jun 15, 2022 Direct
transaction BILL Common Stock Sale -$350K -3.22K -30.73% $108.63 7.26K Jun 15, 2022 Direct F1, F2
transaction BILL Common Stock Sale -$210K -1.91K -26.25% $110.10 5.36K Jun 15, 2022 Direct F1, F3
transaction BILL Common Stock Sale -$130K -1.18K -21.95% $110.91 4.18K Jun 15, 2022 Direct F1, F4
transaction BILL Common Stock Sale -$136K -1.21K -28.96% $111.99 2.97K Jun 15, 2022 Direct F1, F5
transaction BILL Common Stock Sale -$225K -1.98K -66.6% $113.55 992 Jun 15, 2022 Direct F1, F6
transaction BILL Common Stock Sale -$20.2K -176 -17.74% $114.65 816 Jun 15, 2022 Direct F1, F7
transaction BILL Common Stock Sale -$23.1K -200 -24.51% $115.70 616 Jun 15, 2022 Direct F1, F8

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 -14.29% $0.00 46.9K Jun 15, 2022 Common Stock 7.81K $8.76 Direct F9
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1.04K -8.33% $0.00 11.5K Jun 15, 2022 Common Stock 1.04K $11.20 Direct F10
* 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 $108.37 to $109.21 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 $109.53 to $110.51 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 $110.60 to $111.21 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 $111.71 to $112.69 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.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.01 to $113.96 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 $114.07 to $115.01 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.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.67 to $115.72 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 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.
F10 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.