Bora Chung - 18 Jan 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
18 Jan 2022
Transactions value $
-$1,480,321
Form type
4
Filing time
20 Jan 2022, 17:11:33
Previous filing
17 Dec 2021
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $68.4K +7.81K +475.76% $8.76* 9.45K 18 Jan 2022 Direct
transaction BILL Common Stock Options Exercise $11.7K +1.04K +11.02% $11.20* 10.5K 18 Jan 2022 Direct
transaction BILL Common Stock Sale -$108K -622 -5.93% $173.07 9.87K 18 Jan 2022 Direct F1, F2
transaction BILL Common Stock Sale -$279K -1.6K -16.22% $174.30 8.27K 18 Jan 2022 Direct F1, F3
transaction BILL Common Stock Sale -$336K -1.91K -23.13% $175.45 6.36K 18 Jan 2022 Direct F1, F4
transaction BILL Common Stock Sale -$410K -2.33K -36.56% $176.13 4.03K 18 Jan 2022 Direct F1, F5
transaction BILL Common Stock Sale -$159K -895 -22.19% $177.55 3.14K 18 Jan 2022 Direct F1, F6
transaction BILL Common Stock Sale -$88.6K -497 -15.83% $178.31 2.64K 18 Jan 2022 Direct F1, F7
transaction BILL Common Stock Sale -$53.8K -300 -11.36% $179.46 2.34K 18 Jan 2022 Direct F1, F8
transaction BILL Common Stock Sale -$54.2K -300 -12.81% $180.74 2.04K 18 Jan 2022 Direct F1, F9
transaction BILL Common Stock Sale -$72.8K -400 -19.59% $182.04 1.64K 18 Jan 2022 Direct F1, F10

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 Employee Stock Option (Right to Buy) Options Exercise $0 -7.81K -8.33% $0.00 85.9K 18 Jan 2022 Common Stock 7.81K $8.76 Direct F11
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1.04K -5.88% $0.00 16.7K 18 Jan 2022 Common Stock 1.04K $11.20 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.45 to $173.44 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.75 to $174.71 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.87 to $175.81 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.90 to $176.78 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.08 to $177.95 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.18 to $178.48 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.22 to $179.62 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.48 to $181.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.89 to $182.20 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The option vested 25% of the total shares on December 10, 2019 and thereafter 1/48th of the total shares vest monthly until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F12 The option vested 1/48th of the total shares monthly beginning June 15, 2019 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.