Kenneth A. Moss - Oct 11, 2024 Form 3 Insider Report for BILL Holdings, Inc. (BILL)

Role
Chief Technology Officer
Signature
s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Oct 11, 2024
Transactions value $
$0
Form type
3
Date filed
10/21/2024, 06:43 PM
Previous filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BILL Common Stock 104K Oct 11, 2024 Direct
holding BILL Common Stock 2.79K Oct 11, 2024 See Footnote F1

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
holding BILL Restricted Stock Units Oct 11, 2024 Common Stock 92.1K Direct F2, F3
holding BILL Restricted Stock Units Oct 11, 2024 Common Stock 57K Direct F3, F4
holding BILL Restricted Stock Units Oct 11, 2024 Common Stock 38K Direct F3, F5
holding BILL Performance Stock Units Oct 11, 2024 Common Stock 4.7K Direct F6, F7
holding BILL Performance Stock Units Oct 11, 2024 Common Stock 23.7K Direct F7, F8
holding BILL Performance Stock Units Oct 11, 2024 Common Stock 14.2K Direct F7, F9
holding BILL Stock Option (Right to Buy) Oct 11, 2024 Common Stock 2.5K $5.26 See Footnote F1, F10
holding BILL Stock Option (Right to Buy) Oct 11, 2024 Common Stock 625 $13.40 See Footnote F1, F11
holding BILL Restricted Stock Units Oct 11, 2024 Common Stock 123 See Footnote F1, F3, F12
holding BILL Restricted Stock Units Oct 11, 2024 Common Stock 725 See Footnote F1, F3, F13
holding BILL Restricted Stock Units Oct 11, 2024 Common Stock 1.33K See Footnote F1, F3, F14
holding BILL Restricted Stock Units Oct 11, 2024 Common Stock 291 See Footnote F1, F3, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares held by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the shares except to the extent of the Reporting Person's pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), or for any other purpose.
F2 The Restricted Stock Units ("RSUs") vest as to 1/4th of the total shares on May 28, 2024, 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.
F3 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F4 The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2024, subject to the continuing service of the Reporting Person on each vesting date.
F5 The RSUs vest as to 50% of the total shares on on August 28, 2025, and 50% on August 28, 2026 over two years, subject to the continued service of the Reporting Person on each vesting date.
F6 The Performance Stock Units ("PSUs") may vest depending on the Issuer's total shareholder return over a three-year period beginning July 1, 2023 and ending June 30, 2026, relative to companies that comprise the Russell 3000, subject to the Reporting Person's continued service to the Issuer. Once earned, the PSUs will vest in full following the date on which the Issuer's Compensation Committee or the Board certifies the achievement level, with such vesting to occur on the next regular quarterly vesting date thereafter.
F7 Each PSU represents a conditional right to receive one share of the Issuer's Common Stock.
F8 The PSUs may vest depending on the achievement of certain revenue and profitability targets of the Issuer over the one-year period beginning July 1, 2024 and ending June 30, 2025, subject to the Reporting Person's continued service to the Issuer. Once earned, the PSUs will vest over three years, with 1/3rd vesting on the first quarterly vesting date following the certification by the Issuer's Board of the achievement level, and the remaining 2/3rds vesting quarterly thereafter over the following two years.
F9 The PSUs may vest depending on the Issuer's total shareholder return over a three-year period beginning July 1, 2024 and ending June 30, 2027, relative to companies that comprise the Russell 3000 Index, subject to the Reporting Person's continued service to the Issuer. Once earned, the PSUs will vest in full at the end of the three-year performance period.
F10 The option vested 25% of the total shares on May 14, 2019 and thereafter 1/48th of the total shares vest monthly until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F11 The option vested 25% of the total shares on August 6, 2020 and thereafter 1/48th of the total shares vest monthly until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F12 The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2021, subject to the continuing service of the Reporting Person on each vesting date.
F13 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.
F14 The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2024, subject to the continuing service of the Reporting Person on each vesting date.
F15 The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.