John R. Rettig - 28 Aug 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 Aug 2024
Net transactions value
-$320,713
Form type
4
Filing time
29 Aug 2024, 17:33:33 UTC
Previous filing
26 Aug 2024
Next filing
18 Sep 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 +1,114 +2% 56,014 28 Aug 2024 Direct F1
transaction BILL Common Stock Options Exercise +2,188 +3.9% 58,202 28 Aug 2024 Direct F1
transaction BILL Common Stock Options Exercise +4,287 +7.4% 62,489 28 Aug 2024 Direct F1
transaction BILL Common Stock Options Exercise +2,612 +4.2% 65,101 28 Aug 2024 Direct F1
transaction BILL Common Stock Options Exercise +1,894 +2.9% 66,995 28 Aug 2024 Direct F2
transaction BILL Common Stock Tax liability $320,713 -6,131 -9.2% $52.31 60,864 28 Aug 2024 Direct F3
holding BILL Common Stock 80,474 28 Aug 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 -1,114 -20% $0.000000 4,457 28 Aug 2024 Common Stock 1,114 Direct F1, F5
transaction BILL Restricted Stock Unit Options Exercise $0 -2,188 -17% $0.000000 10,937 28 Aug 2024 Common Stock 2,188 Direct F1, F6
transaction BILL Restricted Stock Unit Options Exercise $0 -4,287 -11% $0.000000 34,297 28 Aug 2024 Common Stock 4,287 Direct F1, F7
transaction BILL Restricted Stock Unit Options Exercise $0 -2,612 -7.7% $0.000000 31,353 28 Aug 2024 Common Stock 2,612 Direct F1, F8
transaction BILL Performance Stock Units Options Exercise $0 -1,894 -20% $0.000000 7,576 28 Aug 2024 Common Stock 1,894 Direct F2, F9
* 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 Person and his spouse are co-trustees.
F5 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.
F6 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.
F7 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.
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.
F9 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.