Alison Wagonfeld - 21 Oct 2024 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
Director
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
21 Oct 2024
Net transactions value
-$29,842
Form type
4
Filing time
23 Oct 2024, 17:40:10 UTC
Previous filing
11 Dec 2023
Next filing
14 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +1,038 +200% 1,557 21 Oct 2024 Direct F1
transaction BILL Common Stock Sale $29,842 -519 -33% $57.50 1,038 21 Oct 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 Units Options Exercise $0 -1,038 -50% $0.000000 1,039 21 Oct 2024 Common Stock 1,038 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 5, 2024.
F3 One-third (1/3) of the RSUs vest on each of October 21, 2023, October 21, 2024, and October 21, 2025, subject to the continuing service of the Reporting Person on each vesting date.