John R. Rettig - Feb 28, 2024 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
CFO
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Feb 28, 2024
Transactions value $
-$366,875
Form type
4
Date filed
3/1/2024, 08:09 PM
Previous filing
Nov 30, 2023
Next filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +3.75K +10.14% 40.7K Feb 28, 2024 Direct F1, F2
transaction BILL Common Stock Options Exercise +1.11K +2.73% 41.9K Feb 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +2.19K +5.23% 44.1K Feb 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +4.29K +9.73% 48.3K Feb 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +2.61K +5.41% 51K Feb 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +1.89K +3.72% 52.8K Feb 28, 2024 Direct F3
transaction BILL Common Stock Tax liability -$367K -5.75K -10.89% $63.76 47.1K Feb 28, 2024 Direct F4
holding BILL Common Stock 59.4K Feb 28, 2024 See footnote F5

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 Unit Options Exercise $0 -3.75K -50% $0.00 3.75K Feb 28, 2024 Common Stock 3.75K Direct F1, F6
transaction BILL Restricted Stock Unit Options Exercise $0 -1.11K -14.28% $0.00 6.69K Feb 28, 2024 Common Stock 1.11K Direct F1, F7
transaction BILL Restricted Stock Unit Options Exercise $0 -2.19K -12.5% $0.00 15.3K Feb 28, 2024 Common Stock 2.19K Direct F1, F8
transaction BILL Restricted Stock Unit Options Exercise $0 -4.29K -9.09% $0.00 42.9K Feb 28, 2024 Common Stock 4.29K Direct F1, F9
transaction BILL Restricted Stock Unit Options Exercise $0 -2.61K -6.67% $0.00 36.6K Feb 28, 2024 Common Stock 2.61K Direct F1, F10
transaction BILL Performance Stock Units Options Exercise $0 -1.89K -14.28% $0.00 11.4K Feb 28, 2024 Common Stock 1.89K Direct F3, 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 Includes 247 shares of Common Stock acquired under the Issuer's employee stock purchase plan on February 6, 2024.
F3 Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of the Issuer's Common Stock.
F4 Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs and PSUs.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2023, subject to the continuing service of the Reporting Person on each vesting date.
F11 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.