BILL Holdings, Inc. — Director's Dealing 2021

Dec 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bill.com Holdings, Inc. (BILL)
CIK: 0001786352
Period of Report: 2021-12-09

Reporting Person: O'Driscoll Rory (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-09	Common Stock	M	953	—	Acquired	953	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-09	Restricted Stock Units	$	M	953	Disposed		Common Stock (953)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Indirect
Common Stock	16567	Indirect

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F2: The shares are held by Scale Management, LLC ("ScaleMgt"). The managers of ScaleMgt are Rory O'Driscoll, a member of the Issuer's board of directors, Stacey Bishop, Andrew Vitus and Ariel Tseitlin, who all share voting and dispositive power with respect to the shares held by ScaleMgt.

F3: The shares are held by a trust for which the Reporting Person serves as a trustee.

F4: The RSUs shall be 100% vested on the earlier of (a) the date of next annual stockholders meeting and (b) one year from the date of grant, subject to continued service on such vesting date.

F5: Pursuant to the policies of ScaleVP IV LP and Scale Management, LLC ("ScaleMgt"), the Reporting Person is deemed to hold the reported RSUs for the benefit of ScaleMgt. ScaleMgt may be deemed the indirect beneficial owner of the RSUs.