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

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
28 Nov 2022
Net transactions value
-$43,203
Form type
4
Filing time
30 Nov 2022, 19:24:26 UTC
Previous filing
19 Jul 2022
Next filing
01 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +453 +287% 611 28 Nov 2022 Direct F1, F2
transaction BILL Common Stock Options Exercise +578 +95% 1,189 28 Nov 2022 Direct F1, F2
transaction BILL Common Stock Sale $6,891 -61 -5.1% $112.96 1,128 29 Nov 2022 Direct F2, F3, F4
transaction BILL Common Stock Sale $20,740 -182 -16% $113.95 946 29 Nov 2022 Direct F2, F3, F5
transaction BILL Common Stock Sale $15,573 -136 -14% $114.51 810 29 Nov 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 -6.2% $0.000000 6,808 28 Nov 2022 Common Stock 453 Direct F1, F7, F8
transaction BILL Restricted Stock Units Options Exercise $0 -578 -8.3% $0.000000 6,357 28 Nov 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.