Rajesh Aji - Nov 28, 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
CLO & CCO
Signature
/s/ Rajesh Aji
Stock symbol
BILL
Transactions as of
Nov 28, 2022
Transactions value $
-$398,037
Form type
4
Date filed
11/30/2022, 07:23 PM
Previous filing
Nov 14, 2022
Next filing
Dec 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $17.5K +1.56K $11.20* 1.56K Nov 28, 2022 Direct
transaction BILL Common Stock Options Exercise $43.4K +625 +40.01% $69.37 2.19K Nov 28, 2022 Direct
transaction BILL Common Stock Sale -$262K -2.19K -100% $119.86 0 Nov 28, 2022 Direct F1
transaction BILL Common Stock Options Exercise +938 938 Nov 28, 2022 Direct F2
transaction BILL Common Stock Options Exercise +557 +59.38% 1.5K Nov 28, 2022 Direct F2
transaction BILL Common Stock Options Exercise +1.79K +119.46% 3.28K Nov 28, 2022 Direct F2
transaction BILL Common Stock Sale -$31.2K -276 -8.41% $112.96 3.01K Nov 29, 2022 Direct F3, F4
transaction BILL Common Stock Sale -$94.7K -831 -27.65% $113.95 2.17K Nov 29, 2022 Direct F3, F5
transaction BILL Common Stock Sale -$70.9K -619 -28.47% $114.51 1.56K Nov 29, 2022 Direct F3, F6

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 -1.56K -14.28% $0.00 9.38K Nov 28, 2022 Common Stock 1.56K $11.20 Direct F7
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -625 -9.66% $0.00 5.84K Nov 28, 2022 Common Stock 625 $69.37 Direct F8
transaction BILL Restricted Stock Units Options Exercise $0 -938 -14.29% $0.00 5.63K Nov 28, 2022 Common Stock 938 Direct F2, F9, F10
transaction BILL Restricted Stock Units Options Exercise $0 -557 -8.33% $0.00 6.13K Nov 28, 2022 Common Stock 557 Direct F2, F10, F11
transaction BILL Restricted Stock Units Options Exercise $0 -1.79K -6.25% $0.00 26.8K Nov 28, 2022 Common Stock 1.79K Direct F2, F10, F12
* 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 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.31 to $113.30 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 $113.31 to $114.30 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 $114.31 to $115.12 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.
F7 The option vests 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.
F8 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.
F9 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.
F10 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F11 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.
F12 The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.