BILL Holdings, Inc. — Director's Dealing 2021

Nov 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bill.com Holdings, Inc. (BILL)
CIK: 0001786352
Period of Report: 2021-11-24

Reporting Person: Murray Blake Thomas (CEO, DivvyPay, LLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-24	Common Stock	M	93430	$5.09	Acquired	93430	Direct
2021-11-24	Common Stock	M	18544	$30.56	Acquired	111974	Direct
2021-11-24	Common Stock	S	2300	$291.7304	Disposed	109674	Direct
2021-11-24	Common Stock	S	3100	$293.4607	Disposed	106574	Direct
2021-11-24	Common Stock	S	5137	$294.4871	Disposed	101437	Direct
2021-11-24	Common Stock	S	4867	$295.7584	Disposed	96570	Direct
2021-11-24	Common Stock	S	10601	$296.6859	Disposed	85969	Direct
2021-11-24	Common Stock	S	38477	$297.7299	Disposed	47492	Direct
2021-11-24	Common Stock	S	32712	$298.5822	Disposed	14780	Direct
2021-11-24	Common Stock	S	13347	$299.6239	Disposed	1433	Direct
2021-11-24	Common Stock	S	1433	$300.3735	Disposed	0	Direct
2021-11-24	Common Stock	S	7926	$298.3024	Disposed	1059617	Indirect
2021-11-24	Common Stock	S	1300	$299.9238	Disposed	1058317	Indirect
2021-11-24	Common Stock	S	6456	$300.2646	Disposed	1051861	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-24	Employee Stock Option (Right to Buy)	$5.09	M	93430	Disposed	2029-08-20	Common Stock (93430)	Direct
2021-11-24	Employee Stock Option (Right to Buy)	$30.56	M	18544	Disposed	2031-01-21	Common Stock (18544)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	195708	Indirect

Footnotes

F1: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.53 to $292.28 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.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.93 to $293.92 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 $294.07 to $295.05 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 $295.12 to $296.11 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 $296.13 to $297.12 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.13 to $298.12 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.

F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.13 to $299.11 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.

F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.16 to $300.15 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.

F9: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.23 to $300.84 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.

F10: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.00 to $298.92 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.

F11: Represents shares held by BTM Investment Holdings, LLC, of which the Reporting Person is the managing member.

F12: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.01 to $300.00 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.

F13: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.04 to $300.75 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.

F14: The option is fully vested and exercisable.