John R. Rettig - 28 Aug 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
28 Aug 2023
Net transactions value
$0
Form type
4
Filing time
30 Aug 2023, 20:32:16 UTC
Previous filing
25 Aug 2023
Next filing
31 Aug 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 +3,750 +13% 32,616 28 Aug 2023 Direct F1
transaction BILL Common Stock Options Exercise +1,114 +3.4% 33,730 28 Aug 2023 Direct F1
transaction BILL Common Stock Options Exercise +2,188 +6.5% 35,918 28 Aug 2023 Direct F1
transaction BILL Common Stock Options Exercise +4,288 +12% 40,206 28 Aug 2023 Direct F1
transaction BILL Common Stock Options Exercise +7,574 +19% 47,780 28 Aug 2023 Direct F2
holding BILL Common Stock 59,350 28 Aug 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 Restricted Stock Units Options Exercise $0 -3,750 -25% $0.000000 11,250 28 Aug 2023 Common Stock 3,750 Direct F1, F4
transaction BILL Restricted Stock Units Options Exercise $0 -1,114 -11% $0.000000 8,913 28 Aug 2023 Common Stock 1,114 Direct F1, F5
transaction BILL Restricted Stock Units Options Exercise $0 -2,188 -10% $0.000000 19,687 28 Aug 2023 Common Stock 2,188 Direct F1, F6
transaction BILL Restricted Stock Units Options Exercise $0 -4,288 -7.7% $0.000000 51,445 28 Aug 2023 Common Stock 4,288 Direct F1, F7
transaction BILL Performance Stock Units Options Exercise $0 -7,574 -33% $0.000000 15,149 28 Aug 2023 Common Stock 7,574 Direct F2, F8
* 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 Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of Common Stock, subject to the continuing service of the Reporting Person on each vesting date.
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 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.
F5 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.
F6 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.
F7 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.
F8 The PSUs vest over three years; 1/3rd vests on August 28, 2023, and thereafter the remaining 2/3rd will vest quarterly over two years, subject to the continuing service of the Reporting Person on each vesting date.

Remarks:

Exhibit 24 - Power of Attorney