John R. Rettig - May 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
May 28, 2024
Transactions value $
-$416,913
Form type
4
Date filed
5/30/2024, 06:51 PM
Previous filing
Mar 1, 2024
Next filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +3.75K +7.96% 50.8K May 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +1.11K +2.19% 52K May 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +2.19K +4.21% 54.1K May 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +4.29K +7.92% 58.4K May 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +2.61K +4.47% 61K May 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +1.89K +3.1% 62.9K May 28, 2024 Direct F2
transaction BILL Common Stock Tax liability -$417K -8.03K -12.76% $51.90 54.9K May 28, 2024 Direct F3
holding BILL Common Stock 59.4K May 28, 2024 See footnote F4

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 -100% $0.00* 0 May 28, 2024 Common Stock 3.75K Direct F1, F5
transaction BILL Restricted Stock Unit Options Exercise $0 -1.11K -16.66% $0.00 5.57K May 28, 2024 Common Stock 1.11K Direct F1, F6
transaction BILL Restricted Stock Unit Options Exercise $0 -2.19K -14.28% $0.00 13.1K May 28, 2024 Common Stock 2.19K Direct F1, F7
transaction BILL Restricted Stock Unit Options Exercise $0 -4.29K -10% $0.00 38.6K May 28, 2024 Common Stock 4.29K Direct F1, F8
transaction BILL Restricted Stock Unit Options Exercise $0 -2.61K -7.14% $0.00 34K May 28, 2024 Common Stock 2.61K Direct F1, F9
transaction BILL Performance Stock Units Options Exercise $0 -1.89K -16.66% $0.00 9.47K May 28, 2024 Common Stock 1.89K Direct F2, F10
* 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 the Issuer's Common Stock.
F3 Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs and PSUs.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.