John R. Rettig - Nov 28, 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
Nov 28, 2022
Transactions value $
-$679,520
Form type
4
Date filed
11/30/2022, 07:26 PM
Previous filing
Nov 8, 2022
Next filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +3.75K +15.23% 28.4K Nov 28, 2022 Direct F1
transaction BILL Common Stock Options Exercise +1.11K +3.93% 29.5K Nov 28, 2022 Direct F1
transaction BILL Common Stock Options Exercise +2.19K +7.42% 31.7K Nov 28, 2022 Direct F1
transaction BILL Common Stock Options Exercise +4.29K +13.53% 36K Nov 28, 2022 Direct F1
transaction BILL Common Stock Sale -$107K -951 -2.64% $112.96 35K Nov 29, 2022 Direct F2, F3
transaction BILL Common Stock Sale -$327K -2.87K -8.2% $113.95 32.1K Nov 29, 2022 Direct F2, F4
transaction BILL Common Stock Sale -$245K -2.14K -6.66% $114.51 30K Nov 29, 2022 Direct F2, F5
holding BILL Common Stock 59.4K Nov 28, 2022 By Trust 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 -3.75K -14.29% $0.00 22.5K Nov 28, 2022 Common Stock 3.75K Direct F1, F7, F8
transaction BILL Restricted Stock Units Options Exercise $0 -1.11K -8.33% $0.00 12.3K Nov 28, 2022 Common Stock 1.11K Direct F1, F8, F9
transaction BILL Restricted Stock Units Options Exercise $0 -2.19K -7.69% $0.00 26.3K Nov 28, 2022 Common Stock 2.19K Direct F1, F8, F10
transaction BILL Restricted Stock Units Options Exercise $0 -4.29K -6.25% $0.00 64.3K Nov 28, 2022 Common Stock 4.29K Direct F1, F8, F11
* 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 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F3 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.
F4 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.
F5 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.
F6 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.
F7 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.
F8 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F9 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.
F10 The RSUs vest in 16 equal quarterly installments over four years, beginning February 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.
F11 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.