John R. Rettig - Aug 8, 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
CFO
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Aug 8, 2022
Transactions value $
-$3,295,534
Form type
4
Date filed
8/10/2022, 05:55 PM
Previous filing
Aug 1, 2022
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $25.1K +4.77K +85% $5.26* 10.4K Aug 8, 2022 Direct F1
transaction BILL Common Stock Options Exercise $169K +19.3K +185.44% $8.76* 29.6K Aug 8, 2022 Direct
transaction BILL Common Stock Sale -$3.49M -24K -81.06% $145.20 5.61K Aug 8, 2022 Direct F2, F3
holding BILL Common Stock 59.4K Aug 8, 2022 By Trust F4

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 -4.77K -14.32% $0.00 28.6K Aug 8, 2022 Common Stock 4.77K $5.26 Direct F5
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -19.3K -23.46% $0.00 62.8K Aug 8, 2022 Common Stock 19.3K $8.76 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The balance reflects an adjusted amount of 60,000 shares reported on the Form 4A, filed on 7/20/22.
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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.00 to $145.90 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 shares are held by the Rettig Living Trust U/A DTD 12/02/2020, of which the reporting holder and his spouse are co-trustees.
F5 The option vests 1/48th of the total shares monthly beginning September 2, 2018 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F6 The option vests 1/48th of the total shares monthly beginning January 10, 2019 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.