BILL Holdings, Inc. — Director's Dealing 2021

Nov 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bill.com Holdings, Inc. (BILL)
CIK: 0001786352
Period of Report: 2021-11-09

Reporting Person: Lenhard Mark (COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-09	Common Stock	M	35000	$24.83	Acquired	35000	Direct
2021-11-09	Common Stock	S	3609	$340.4424	Disposed	31391	Direct
2021-11-09	Common Stock	S	29001	$341.8826	Disposed	2390	Direct
2021-11-09	Common Stock	S	2390	$342.2162	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-09	Employee Stock Option (Right to Buy)	$24.83	M	35000	Disposed	2030-04-30	Common Stock (35000)	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 $340.07 to $341.00 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.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $341.13 to $342.12 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.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $342.14 to $342.84 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.

F5: The option vests as to 71,849 of the total shares on September 1, 2021. The remaining 40,268 shares vest as follows: 1/3 of the shares on September 1, 2022, and thereafter 1/12 of the shares shall vest quarterly until such time as the options are 100% vested, subject to the continuing service of the Reporting Person on each vesting date.