Kenneth A. Moss - 28 Nov 2024 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role: Chief Technology Officer
Signature: /s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol: BILL
Transactions as of: 28 Nov 2024
Net transactions value: -$552,778
Form type: 4
Filing time: 02 Dec 2024, 20:30:03 UTC
Previous filing: 06 Mar 2025
Next filing: 06 Mar 2025
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		+11,934	+11%		115,787	28 Nov 2024	Direct	F1
transaction	BILL	Common Stock	Options Exercise		+209	+7.5%		3,002	28 Nov 2024	See Footnote	F1, F2
transaction	BILL	Common Stock	Tax liability	$545,831	-6,050	-5.2%	$90.22	109,737	29 Nov 2024	Direct	F3
transaction	BILL	Common Stock	Tax liability	$6,947	-77	-2.6%	$90.22	2,925	29 Nov 2024	See Footnote	F2, F3

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	-8,373	-9.1%	$0.000000	83,735	28 Nov 2024	Common Stock	8,373		Direct	F1, F4
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-3,561	-6.2%	$0.000000	53,419	28 Nov 2024	Common Stock	3,561		Direct	F1, F5
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-30	-24%	$0.000000	93	28 Nov 2024	Common Stock	30		See Footnote	F1, F2, F6
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-36	-12%	$0.000000	255	28 Nov 2024	Common Stock	36		See Footnote	F1, F2, F7
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-60	-8.3%	$0.000000	665	28 Nov 2024	Common Stock	60		See Footnote	F1, F2, F8
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-83	-6.2%	$0.000000	1,250	28 Nov 2024	Common Stock	83		See Footnote	F1, 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 1 share of the Issuer's Common Stock upon settlement for no consideration.
F2	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.
F3	Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs.
F4	The 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.
F5	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.
F6	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.
F7	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.
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 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.