Rajesh A. Aji - 28 Feb 2025 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
CLO & CCO
Signature
/s/ Rajesh Aji
Issuer symbol
BILL
Transactions as of
28 Feb 2025
Net transactions value
-$128,064
Form type
4
Filing time
04 Mar 2025, 21:24:23 UTC
Previous filing
04 Dec 2024
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 +5,394 +69% 13,206 28 Feb 2025 Direct F1
transaction BILL Common Stock Options Exercise +789 +6% 13,995 28 Feb 2025 Direct F2
transaction BILL Common Stock Tax liability $128,064 -2,320 -17% $55.20 11,675 28 Feb 2025 Direct 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 Unit Options Exercise $0 -557 -33% $0.000000 1,115 28 Feb 2025 Common Stock 557 Direct F1, F4
transaction BILL Restricted Stock Unit Options Exercise $0 -1,786 -14% $0.000000 10,718 28 Feb 2025 Common Stock 1,786 Direct F1, F5
transaction BILL Restricted Stock Unit Options Exercise $0 -737 -9.1% $0.000000 7,368 28 Feb 2025 Common Stock 737 Direct F1, F6
transaction BILL Restricted Stock Unit Options Exercise $0 -2,314 -6.2% $0.000000 34,723 28 Feb 2025 Common Stock 2,314 Direct F1, F7
transaction BILL Performance Stock Units Options Exercise $0 -789 -33% $0.000000 1,579 28 Feb 2025 Common Stock 789 Direct F2, F8
* 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 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.
F5 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.
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
F7 The RSUs vest in 16 equal quarterly installments over four years, beginning February 28, 2025, subject to the continuing service of the Reporting Person on each vesting date.
F8 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.