Germaine Cota - Feb 28, 2023 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
SVP, Finance & Accounting
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 06:59 PM
Previous filing
Dec 1, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +4.83K +748.99% 5.48K Feb 28, 2023 Direct F1, F2
transaction BILL Common Stock Options Exercise +454 +8.29% 5.93K Feb 28, 2023 Direct F1
transaction BILL Common Stock Options Exercise +578 +9.75% 6.51K Feb 28, 2023 Direct F1

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 -4.83K -25% $0.00 14.5K Feb 28, 2023 Common Stock 4.83K Direct F1, F3
transaction BILL Restricted Stock Units Options Exercise $0 -454 -6.67% $0.00 6.35K Feb 28, 2023 Common Stock 454 Direct F1, F4
transaction BILL Restricted Stock Units Options Exercise $0 -578 -9.09% $0.00 5.78K Feb 28, 2023 Common Stock 578 Direct F1, F5
* 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 161 shares of Common Stock acquired under the issuer's employee stock purchase plan on February 6, 2023.
F3 The RSUs vest as to 1/4th of the total shares on February 28, 2023, and thereafter 1/16th of the total shares vest quarterly over three years, subject to the continued service of the Reporting Person on each vesting date.
F4 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.
F5 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.