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

Role
SVP, FINANCE & ACCOUNTING
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
May 28, 2024
Transactions value $
-$46,399
Form type
4
Date filed
5/30/2024, 06:55 PM
Previous filing
Mar 11, 2024
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +1.21K +23.7% 6.3K May 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +454 +7.21% 6.75K May 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +578 +8.56% 7.33K May 28, 2024 Direct F1
transaction BILL Common Stock Options Exercise +261 +3.56% 7.59K May 28, 2024 Direct F1
transaction BILL Common Stock Tax liability -$46.4K -894 -11.77% $51.90 6.7K May 28, 2024 Direct F2

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 -1.21K -12.49% $0.00 8.46K May 28, 2024 Common Stock 1.21K Direct F1, F3
transaction BILL Restricted Stock Unit Options Exercise $0 -454 -10% $0.00 4.09K May 28, 2024 Common Stock 454 Direct F1, F4
transaction BILL Restricted Stock Unit Options Exercise $0 -578 -16.67% $0.00 2.89K May 28, 2024 Common Stock 578 Direct F1, F5
transaction BILL Restricted Stock Unit Options Exercise $0 -261 -7.14% $0.00 3.4K May 28, 2024 Common Stock 261 Direct F1, F6
* 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 Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs.
F3 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.
F4 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.
F5 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.
F6 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.