Germaine Cota - 28 Feb 2025 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
SVP, FINANCE & ACCOUNTING
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
28 Feb 2025
Net transactions value
-$205,068
Form type
4
Filing time
04 Mar 2025, 21:25:05 UTC
Previous filing
04 Feb 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 +10,242 +353% 13,143 28 Feb 2025 Direct F1
transaction BILL Common Stock Tax liability $205,068 -3,715 -28% $55.20 9,428 28 Feb 2025 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 Unit Options Exercise $0 -1,208 -20% $0.000000 4,832 28 Feb 2025 Common Stock 1,208 Direct F1, F3
transaction BILL Restricted Stock Unit Options Exercise $0 -454 -14% $0.000000 2,723 28 Feb 2025 Common Stock 454 Direct F1, F4
transaction BILL Restricted Stock Unit Options Exercise $0 -578 -33% $0.000000 1,156 28 Feb 2025 Common Stock 578 Direct F1, F5
transaction BILL Restricted Stock Unit Options Exercise $0 -261 -9.1% $0.000000 2,613 28 Feb 2025 Common Stock 261 Direct F1, F6
transaction BILL Restricted Stock Unit Options Exercise $0 -1,075 -6.7% $0.000000 15,041 28 Feb 2025 Common Stock 1,075 Direct F1, F7
transaction BILL Restricted Stock Unit Options Exercise $0 -6,666 -50% $0.000000 6,666 28 Feb 2025 Common Stock 6,666 Direct F1, 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 Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs.
F3 The RSUs vest as to 1/4th of the total shares on February 28, 2023, 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.
F4 The RSUs will vest quarterly over four years with the first vesting date being November 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.
F5 The RSUs will vest quarterly over three years with the first vesting date being 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 November 28, 2024, subject to the continuing service of the Reporting Person on each vesting date.
F8 The RSUs will vest annually over two years with the first vesting date being February 28, 2025, subject to the continuing service of the Reporting Person on each vesting date.