BILL Holdings, Inc. — Director's Dealing 2021

Sep 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bill.com Holdings, Inc. (BILL)
CIK: 0001786352
Period of Report: 2021-09-16

Reporting Person: Chung Bora (Chief Experience Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-16	Common Stock	M	7812	$8.76	Acquired	34374	Direct
2021-09-16	Common Stock	M	1041	$11.20	Acquired	35415	Direct
2021-09-16	Common Stock	M	937	$69.37	Acquired	36352	Direct
2021-09-16	Common Stock	S	1008	$287.8064	Disposed	35344	Direct
2021-09-16	Common Stock	S	692	$288.4276	Disposed	34652	Direct
2021-09-16	Common Stock	S	500	$290.206	Disposed	34152	Direct
2021-09-16	Common Stock	S	1584	$291.8241	Disposed	32568	Direct
2021-09-16	Common Stock	S	5014	$292.841	Disposed	27554	Direct
2021-09-16	Common Stock	S	8789	$293.8512	Disposed	18765	Direct
2021-09-16	Common Stock	S	2369	$294.6556	Disposed	16396	Direct
2021-09-16	Common Stock	S	10286	$296.0497	Disposed	6110	Direct
2021-09-16	Common Stock	S	4005	$296.5341	Disposed	2105	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-16	Employee Stock Option (Right to Buy)	$8.76	M	7812	Disposed	2029-02-12	Common Stock (7812)	Direct
2021-09-16	Employee Stock Option (Right to Buy)	$11.20	M	1041	Disposed	2029-05-14	Common Stock (1041)	Direct
2021-09-16	Employee Stock Option (Right to Buy)	$69.37	M	937	Disposed	2030-05-27	Common Stock (937)	Direct

Footnotes

F1: Includes 106 shares of Common Stock acquired under the issuer's employee stock purchase plan on September 3, 2021.

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.34 to $288.31 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.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.38 to $288.45 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 $289.83 to $290.77 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 $291.165 to $292.16 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 $292.26 to $293.25 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 $293.27 to $294.26 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 $294.28 to $295.27 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 $295.33 to $296.32 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: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $296.33 to $297.29 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.

F12: The option vested 25% of the total shares on December 10, 2019 and thereafter 1/48th of the total shares vest monthly until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.

F13: The option vested 1/48th of the total shares monthly beginning June 15, 2019 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.

F14: The option vests in 16 equal quarterly installments over four years, beginning August 28, 2020, subject to the continuing service of the Reporting Person on each vesting date.