Bora Chung - 28 May 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
28 May 2022
Net transactions value
-$52,031
Form type
4
Filing time
01 Jun 2022, 21:15:52 UTC
Previous filing
26 May 2022
Next filing
02 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +1,563 +254% 2,179 28 May 2022 Direct F1
transaction BILL Common Stock Options Exercise +627 +29% 2,806 28 May 2022 Direct F1
transaction BILL Common Stock Options Exercise $65,069 +938 +33% $69.37 3,744 31 May 2022 Direct
transaction BILL Common Stock Sale $117,100 -938 -25% $124.84 2,806 31 May 2022 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 Units Options Exercise $0 -1,563 -11% $0.000000 12,500 28 May 2022 Common Stock 1,563 Direct F1, F3
transaction BILL Restricted Stock Units Options Exercise $0 -627 -7.1% $0.000000 8,147 28 May 2022 Common Stock 627 Direct F1, F4
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -938 -11% $0.000000 7,500 31 May 2022 Common Stock 938 $69.37 Direct F5
* 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 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2020, subject to the continuing service of the Reporting Person on each vesting date.
F4 The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2021, subject to the continuing service of the Reporting Person on each vesting date.
F5 The option vests in 16 equal quarterly installments over four years, beginning August 28, 2020, subject to the continuing service of the Reporting Person on each vesting date.