John R. Rettig - 06 Feb 2023 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role: CFO
Signature: /s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol: BILL
Transactions as of: 06 Feb 2023
Net transactions value: -$510,350
Form type: 4
Filing time: 08 Feb 2023, 17:41:55 UTC
Previous filing: 09 Jan 2023
Next filing: 02 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BILL	Common Stock	Options Exercise	$6,275	+1,193	+4.4%	$5.26^*	28,011	06 Feb 2023	Direct	F1
transaction	BILL	Common Stock	Options Exercise	$42,179	+4,815	+17%	$8.76^*	32,826	06 Feb 2023	Direct
transaction	BILL	Common Stock	Sale	$558,804	-6,008	-18%	$93.01	26,818	06 Feb 2023	Direct	F2
holding	BILL	Common Stock						59,350	06 Feb 2023	By Trust	F3

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	-1,193	-33%	$0.000000	2,393	06 Feb 2023	Common Stock	1,193	$5.26	Direct	F4
transaction	BILL	Employee Stock Option (Right to Buy)	Options Exercise	$0	-4,815	-12%	$0.000000	33,930	06 Feb 2023	Common Stock	4,815	$8.76	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 160 shares of Common Stock acquired under the issuer's employee stock purchase plan on February 6, 2023.
F2	The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3	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.
F4	The option vests 1/48th of the total shares monthly beginning September 2, 2018 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F5	The option vests 1/48th of the total shares monthly beginning January 10, 2019 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.