John R. Rettig - 28 Nov 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
CFO
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
28 Nov 2022
Transactions value $
-$679,520
Form type
4
Filing time
30 Nov 2022, 19:26:50 UTC
Previous filing
08 Nov 2022
Next filing
06 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +3,750 +15.2% 28,375 28 Nov 2022 Direct F1
transaction BILL Common Stock Options Exercise +1,114 +3.93% 29,489 28 Nov 2022 Direct F1
transaction BILL Common Stock Options Exercise +2,187 +7.42% 31,676 28 Nov 2022 Direct F1
transaction BILL Common Stock Options Exercise +4,287 +13.5% 35,963 28 Nov 2022 Direct F1
transaction BILL Common Stock Sale -$107,425 -951 -2.64% $112.96 35,012 29 Nov 2022 Direct F2, F3
transaction BILL Common Stock Sale -$327,163 -2,871 -8.2% $113.95 32,141 29 Nov 2022 Direct F2, F4
transaction BILL Common Stock Sale -$244,931 -2,139 -6.66% $114.51 30,002 29 Nov 2022 Direct F2, F5
holding BILL Common Stock 59,350 28 Nov 2022 By Trust F6

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 -3,750 -14.3% $0.000000 22,500 28 Nov 2022 Common Stock 3,750 Direct F1, F7, F8
transaction BILL Restricted Stock Units Options Exercise $0 -1,114 -8.33% $0.000000 12,255 28 Nov 2022 Common Stock 1,114 Direct F1, F8, F9
transaction BILL Restricted Stock Units Options Exercise $0 -2,187 -7.69% $0.000000 26,250 28 Nov 2022 Common Stock 2,187 Direct F1, F8, F10
transaction BILL Restricted Stock Units Options Exercise $0 -4,287 -6.25% $0.000000 64,307 28 Nov 2022 Common Stock 4,287 Direct F1, F8, F11
* 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 sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.31 to $113.30 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 $113.31 to $114.30 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 $114.31 to $115.12 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 shares are held by the Rettig Living Trust U/A DTD 12/02/2020, of which the reporting holder and his spouse are co-trustees.
F7 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.
F8 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F9 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.
F10 The RSUs vest in 16 equal quarterly installments over four years, beginning February 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.
F11 The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.