John R. Rettig - 28 Feb 2024 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 Feb 2024
Net transactions value
-$366,875
Form type
4
Filing time
01 Mar 2024, 20:09:57 UTC
Previous filing
30 Nov 2023
Next filing
30 May 2024
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 +10% 40,748 28 Feb 2024 Direct F1, F2
transaction BILL Common Stock Options Exercise +1,114 +2.7% 41,862 28 Feb 2024 Direct F1
transaction BILL Common Stock Options Exercise +2,188 +5.2% 44,050 28 Feb 2024 Direct F1
transaction BILL Common Stock Options Exercise +4,287 +9.7% 48,337 28 Feb 2024 Direct F1
transaction BILL Common Stock Options Exercise +2,613 +5.4% 50,950 28 Feb 2024 Direct F1
transaction BILL Common Stock Options Exercise +1,893 +3.7% 52,843 28 Feb 2024 Direct F3
transaction BILL Common Stock Tax liability $366,875 -5,754 -11% $63.76 47,089 28 Feb 2024 Direct F4
holding BILL Common Stock 59,350 28 Feb 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 -3,750 -50% $0.000000 3,750 28 Feb 2024 Common Stock 3,750 Direct F1, F6
transaction BILL Restricted Stock Unit Options Exercise $0 -1,114 -14% $0.000000 6,685 28 Feb 2024 Common Stock 1,114 Direct F1, F7
transaction BILL Restricted Stock Unit Options Exercise $0 -2,188 -13% $0.000000 15,312 28 Feb 2024 Common Stock 2,188 Direct F1, F8
transaction BILL Restricted Stock Unit Options Exercise $0 -4,287 -9.1% $0.000000 42,871 28 Feb 2024 Common Stock 4,287 Direct F1, F9
transaction BILL Restricted Stock Unit Options Exercise $0 -2,613 -6.7% $0.000000 36,578 28 Feb 2024 Common Stock 2,613 Direct F1, F10
transaction BILL Performance Stock Units Options Exercise $0 -1,893 -14% $0.000000 11,363 28 Feb 2024 Common Stock 1,893 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.