John R. Rettig - 05 May 2023 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
CFO
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
05 May 2023
Net transactions value
-$522,305
Form type
4
Filing time
09 May 2023, 20:11:47 UTC
Previous filing
07 Mar 2023
Next filing
31 May 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 +4.1% $5.26* 30,059 05 May 2023 Direct
transaction BILL Common Stock Options Exercise $42,179 +4,815 +16% $8.76* 34,874 05 May 2023 Direct
transaction BILL Common Stock Sale $570,760 -6,008 -17% $95.00 28,866 05 May 2023 Direct F1
holding BILL Common Stock 59,350 05 May 2023 By Trust F2

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 -99% $0.000000 7 05 May 2023 Common Stock 1,193 $5.26 Direct F3
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -4,815 -17% $0.000000 24,300 05 May 2023 Common Stock 4,815 $8.76 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2022, prior to the effective date of the recent amendments to Rule 10b5-1.
F2 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.
F3 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.
F4 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.