Kenneth A. Moss - 28 Feb 2025 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 Feb 2025
Net transactions value: -$246,413
Form type: 4
Filing time: 06 Mar 2025, 16:30:24 UTC
Previous filing: 02 Dec 2024
Next filing: 30 May 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		+11,935	+14%		98,343	28 Feb 2025	Direct	F1
transaction	BILL	Common Stock	Options Exercise		+212	+7.2%		3,137	28 Feb 2025	See Footnote	F1, F2
transaction	BILL	Common Stock	Tax liability	$241,334	-4,372	-4.4%	$55.20	93,971	28 Feb 2025	Direct	F3
transaction	BILL	Common Stock	Tax liability	$5,078	-92	-2.9%	$55.20	3,045	28 Feb 2025	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	-8,374	-10%	$0.000000	75,361	28 Feb 2025	Common Stock	8,374		Direct	F1, F4
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-3,561	-6.7%	$0.000000	49,858	28 Feb 2025	Common Stock	3,561		Direct	F1, F5
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-31	-33%	$0.000000	62	28 Feb 2025	Common Stock	31		See Footnote	F1, F2, F6
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-37	-15%	$0.000000	218	28 Feb 2025	Common Stock	37		See Footnote	F1, F2, F7
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-61	-9.2%	$0.000000	604	28 Feb 2025	Common Stock	61		See Footnote	F1, F2, F8
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-83	-6.6%	$0.000000	1,167	28 Feb 2025	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.