Germaine Cota - 28 Feb 2024 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
SVP, FINANCE & ACCOUNTING
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
28 Feb 2024
Net transactions value
-$59,807
Form type
4
Filing time
01 Mar 2024, 20:15:37 UTC
Previous filing
30 Nov 2023
Next filing
11 Mar 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 +1,208 +27% 5,660 28 Feb 2024 Direct F1, F2
transaction BILL Common Stock Options Exercise +453 +8% 6,113 28 Feb 2024 Direct F1
transaction BILL Common Stock Options Exercise +577 +9.4% 6,690 28 Feb 2024 Direct F1
transaction BILL Common Stock Options Exercise +261 +3.9% 6,951 28 Feb 2024 Direct F1
transaction BILL Common Stock Tax liability $59,807 -938 -13% $63.76 6,013 28 Feb 2024 Direct 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 Unit Award $0 +13,331 $0.000000 13,331 28 Feb 2024 Common Stock 13,331 Direct F1, F4
transaction BILL Restricted Stock Unit Options Exercise $0 -1,208 -11% $0.000000 9,663 28 Feb 2024 Common Stock 1,208 Direct F1, F5
transaction BILL Restricted Stock Unit Options Exercise $0 -453 -9.1% $0.000000 4,539 28 Feb 2024 Common Stock 453 Direct F1, F6
transaction BILL Restricted Stock Unit Options Exercise $0 -577 -14% $0.000000 3,468 28 Feb 2024 Common Stock 577 Direct F1, F7
transaction BILL Restricted Stock Unit Options Exercise $0 -261 -6.7% $0.000000 3,658 28 Feb 2024 Common Stock 261 Direct F1, 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 Includes 238 shares of Common Stock acquired under the issuer's employee stock purchase plan on February 6, 2024.
F3 Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs.
F4 The RSUs will vest annually over two years with the first vesting date being February 28, 2025, subject to the continuing service of the Reporting Person on each vesting date.
F5 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.
F6 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.
F7 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.
F8 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.