Germaine Cota - Nov 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
Nov 28, 2022
Transactions value $
-$43,203
Form type
4
Date filed
11/30/2022, 07:24 PM
Previous filing
Jul 19, 2022
Next filing
Dec 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +453 +286.71% 611 Nov 28, 2022 Direct F1, F2
transaction BILL Common Stock Options Exercise +578 +94.6% 1.19K Nov 28, 2022 Direct F1, F2
transaction BILL Common Stock Sale -$6.89K -61 -5.13% $112.96 1.13K Nov 29, 2022 Direct F2, F3, F4
transaction BILL Common Stock Sale -$20.7K -182 -16.13% $113.95 946 Nov 29, 2022 Direct F2, F3, F5
transaction BILL Common Stock Sale -$15.6K -136 -14.38% $114.51 810 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 Restricted Stock Units Options Exercise $0 -453 -6.24% $0.00 6.81K Nov 28, 2022 Common Stock 453 Direct F1, F7, F8
transaction BILL Restricted Stock Units Options Exercise $0 -578 -8.33% $0.00 6.36K Nov 28, 2022 Common Stock 578 Direct F1, F8, F9
* 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 Includes 108 shares of Common Stock acquired under the Issuer's employee stock purchase plan on September 6, 2022.
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 RSUs will vest quarterly over four years with the first vesting date being November 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.
F8 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F9 The RSUs will vest quarterly over three years with the first vesting date being November 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.