BILL Holdings, Inc. — Director's Dealing 2020

Sep 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bill.com Holdings, Inc. (BILL)
CIK: 0001786352
Period of Report: 2020-09-01

Reporting Person: Hornik David (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-01	Common Stock	J	4022021	$0.00	Disposed	0	Indirect
2020-09-01	Common Stock	J	142005	$0.00	Acquired	186949	Direct
2020-09-02	Common Stock	S	9199	$97.7042	Disposed	177750	Direct
2020-09-02	Common Stock	S	7900	$98.9795	Disposed	169850	Direct
2020-09-02	Common Stock	S	49308	$99.9609	Disposed	120542	Direct
2020-09-02	Common Stock	S	32993	$100.678	Disposed	87549	Direct
2020-09-02	Common Stock	S	600	$101.5667	Disposed	86949	Direct

Footnotes

F1: The shares reported on this form represent pro rata distributions, and not sales or purchases, of securities by the reporting entity to its partners or members or the funds for which it acts as nominee without consideration.

F2: Held by August Capital V, L.P. ("August Capital"). August Capital Management V, L.L.C. ("ACM V") is the general partner of August Capital and may be deemed to have sole voting power and sole investment power over the shares held by August Capital. David Hornik, a member of the Issuer's board of directors, and Howard Hartenbaum are the members of ACM V and may be deemed to have shared voting and investment power with respect to the shares held by August Capital. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities, except to the extent of such person's or entity's pecuniary interest in such securities.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.20 to $98.17 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 $98.29 to $99.28 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 $99.29 to $100.28 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 $100.29 to $101.28 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 $101.34 to $101.80 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.