BILL Holdings, Inc. — Director's Dealing 2020

Aug 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bill.com Holdings, Inc. (BILL)
CIK: 0001786352
Period of Report: 2020-08-04

Reporting Person: Aji Rajesh A. (General Counsel & CCO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-04	Common Stock	M	5479	$2.48	Acquired	50776	Direct
2020-08-04	Common Stock	M	521	$5.26	Acquired	51297	Direct
2020-08-04	Common Stock	S	2140	$95.2847	Disposed	49157	Direct
2020-08-04	Common Stock	S	960	$96.4581	Disposed	48197	Direct
2020-08-04	Common Stock	S	2600	$97.4481	Disposed	45597	Direct
2020-08-04	Common Stock	S	200	$98.19	Disposed	45397	Direct
2020-08-04	Common Stock	S	100	$102.27	Disposed	45297	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-04	Employee Stock Option (Right to Buy)	$2.48	M	5479	Disposed	2026-10-18	Common Stock (5479)	Direct
2020-08-04	Employee Stock Option (Right to Buy)	$5.26	M	521	Disposed	2028-08-01	Common Stock (521)	Direct

Footnotes

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 $94.78 to $95.74 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 $95.88 to $96.86 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 $96.91 to $97.89 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 $98.07 to $98.31 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 option vested 25% on August 22, 2017 and thereafter vests 1/48th of the total shares monthly until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.

F7: The option vests 1/48th of the total shares monthly beginning September 2, 2018 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.