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

Role
CLO & CCO
Signature
/s/ Rajesh Aji
Issuer symbol
BILL
Transactions as of
28 May 2025
Net transactions value
-$98,657
Form type
4
Filing time
30 May 2025, 16:28:47 UTC
Previous filing
06 Mar 2025
Next filing
05 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Aji Rajesh A. CLO & CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE /s/ Rajesh Aji 30 May 2025 0001795500

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +5,395 +56% 14,988 28 May 2025 Direct F1, F2
transaction BILL Common Stock Options Exercise +789 +5.3% 15,777 28 May 2025 Direct F3
transaction BILL Common Stock Tax liability $98,657 -2,218 -14% $44.48 13,559 28 May 2025 Direct F4

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 -50% $0.000000 558 28 May 2025 Common Stock 557 Direct F1, F5
transaction BILL Restricted Stock Unit Options Exercise $0 -1,786 -17% $0.000000 8,932 28 May 2025 Common Stock 1,786 Direct F1, F6
transaction BILL Restricted Stock Unit Options Exercise $0 -737 -10% $0.000000 6,631 28 May 2025 Common Stock 737 Direct F1, F7
transaction BILL Restricted Stock Unit Options Exercise $0 -2,315 -6.7% $0.000000 32,408 28 May 2025 Common Stock 2,315 Direct F1, F8
transaction BILL Performance Stock Units Options Exercise $0 -789 -50% $0.000000 790 28 May 2025 Common Stock 789 Direct F3, 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 one share of the Issuer's Common Stock.
F2 Includes 295 shares of the Issuer's Common Stock acquired under the Issuer's employee stock purchase plan on May 15, 2025.
F3 Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of the Issuer's Common Stock.
F4 Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs and PSUs.
F5 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.
F6 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.
F7 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
F8 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.
F9 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.