BILL Holdings, Inc. — Director's Dealing 2021

Jul 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bill.com Holdings, Inc. (BILL)
CIK: 0001786352
Period of Report: 2021-07-06

Reporting Person: Rettig John R. (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-06	Common Stock	M	4000	$5.26	Acquired	83011	Direct
2021-07-06	Common Stock	M	1500	$8.76	Acquired	84511	Direct
2021-07-06	Common Stock	M	1000	$69.37	Acquired	85511	Direct
2021-07-06	Common Stock	S	300	$180.66	Disposed	85211	Direct
2021-07-06	Common Stock	S	588	$183.1354	Disposed	84623	Direct
2021-07-06	Common Stock	S	812	$184.0231	Disposed	83811	Direct
2021-07-06	Common Stock	S	1610	$185.2369	Disposed	82201	Direct
2021-07-06	Common Stock	S	1005	$186.114	Disposed	81196	Direct
2021-07-06	Common Stock	S	910	$187.1626	Disposed	80286	Direct
2021-07-06	Common Stock	S	875	$188.2146	Disposed	79411	Direct
2021-07-06	Common Stock	S	400	$189.07	Disposed	79011	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-06	Employee Stock Option (Right to Buy)	$5.26	M	4000	Disposed	2028-08-01	Common Stock (4000)	Direct
2021-07-06	Employee Stock Option (Right to Buy)	$8.76	M	1500	Disposed	2029-02-12	Common Stock (1500)	Direct
2021-07-06	Employee Stock Option (Right to Buy)	$69.37	M	1000	Disposed	2030-05-27	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	78689	Indirect

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 $182.61 to $183.60 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 $183.62 to $184.60 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 $184.76 to $185.72 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 $185.77 to $186.68 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 $186.83 to $187.48 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 $187.83 to $188.44 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 $188.84 to $189.57 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 shares are held by the Rettig Living Trust U/A DTD 12/02/2020, of which the reporting holder and his spouse are co-trustees.

F10: 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.

F11: The option vests 50% on December 10, 2020 and thereafter 1/48 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.

F12: 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.