Steven Cakebread - Nov 10, 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
Nov 10, 2022
Transactions value $
-$2,000,844
Form type
4
Date filed
11/14/2022, 05:31 PM
Previous filing
Jun 9, 2022
Next filing
Dec 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $268K +20K +2098.64% $13.40 21K Nov 10, 2022 Direct
transaction BILL Common Stock Sale -$777K -6.89K -32.87% $112.75 14.1K Nov 10, 2022 Direct F1
transaction BILL Common Stock Sale -$1.48M -13K -92.51% $113.80 1.05K Nov 10, 2022 Direct F2
transaction BILL Common Stock Sale -$11.4K -100 -9.5% $114.30 953 Nov 10, 2022 Direct

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 Stock Option (Right to Buy) Options Exercise $0 -20K -60% $0.00 13.3K Nov 10, 2022 Common Stock 20K $13.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.30 to $113.25 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.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.30 to $114.17 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 option vests over a three year period, with 1/3 of the shares vesting on May 28, 2020, and then 1/3 of the shares on each yearly anniversary thereafter until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.