BILL Holdings, Inc. — Director's Dealing 2021

Feb 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bill.com Holdings, Inc. (BILL)
CIK: 0001786352
Period of Report: 2021-02-08

Reporting Person: Aji Rajesh A. (General Counsel & CCO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-08	Common Stock	G	1877	$0.00	Disposed	6233	Direct
2020-12-08	Common Stock	G	1877	$0.00	Acquired	1877	Indirect
2020-12-08	Common Stock	G	1876	$0.00	Disposed	4357	Direct
2020-12-08	Common Stock	G	1876	$0.00	Acquired	1876	Indirect
2021-02-08	Common Stock	M	1562	$5.26	Acquired	5919	Direct
2021-02-08	Common Stock	M	6252	$11.20	Acquired	12171	Direct
2021-02-08	Common Stock	M	1250	$69.37	Acquired	13421	Direct
2021-02-08	Common Stock	S	200	$176.14	Disposed	13221	Direct
2021-02-08	Common Stock	S	700	$177.56	Disposed	12521	Direct
2021-02-08	Common Stock	S	3162	$178.8975	Disposed	9359	Direct
2021-02-08	Common Stock	S	1902	$179.9583	Disposed	7457	Direct
2021-02-08	Common Stock	S	800	$180.7113	Disposed	6657	Direct
2021-02-08	Common Stock	S	1100	$181.7791	Disposed	5557	Direct
2021-02-08	Common Stock	S	1000	$182.997	Disposed	4557	Direct
2021-02-08	Common Stock	S	200	$184.255	Disposed	4357	Direct
2021-02-08	Common Stock	S	200	$177.78	Disposed	1677	Indirect
2021-02-08	Common Stock	S	776	$178.9959	Disposed	901	Indirect
2021-02-08	Common Stock	S	601	$180.524	Disposed	300	Indirect
2021-02-08	Common Stock	S	200	$182.53	Disposed	100	Indirect
2021-02-08	Common Stock	S	100	$184.08	Disposed	0	Indirect
2021-02-08	Common Stock	S	200	$177.55	Disposed	1676	Indirect
2021-02-08	Common Stock	S	776	$179.0014	Disposed	900	Indirect
2021-02-08	Common Stock	S	600	$180.5117	Disposed	300	Indirect
2021-02-08	Common Stock	S	100	$182.46	Disposed	200	Indirect
2021-02-08	Common Stock	S	200	$184.155	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-08	Employee Stock Option (Right to Buy)	$5.26	M	1562	Disposed	2028-08-01	Common Stock (1562)	Direct
2021-02-08	Employee Stock Option (Right to Buy)	$11.20	M	6252	Disposed	2029-05-14	Common Stock (6252)	Direct
2021-02-08	Employee Stock Option (Right to Buy)	$69.37	M	1250	Disposed	2030-05-27	Common Stock (1250)	Direct

Footnotes

F1: The shares are held by the Sunshine Irrevocable Trust dated December 5, 2020 of which the Reporting Person's brother is trustee.

F2: The shares are held by the Monsoon Irrevocable Trust dated December 5, 2020, of which the Reporting Person's brother is trustee.

F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.20 to $178.06 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 $178.21 to $179.20 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 $179.38 to $180.30 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 $180.45 to $181.08 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 $181.48 to $182.15 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 $182.61 to $183.59 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 $182.25 to $182.26 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.

F11: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.

F12: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.35 to $178.21 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 $178.73 to $179.46 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.12 to $181.05 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.

F15: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.36 to $182.70 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.

F16: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.35 to $177.75 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.

F17: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.70 to $179.46 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.

F18: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.15 to $181.05 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.

F19: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.09 to $184.22 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.

F20: 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.

F21: The option vests 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.

F22: 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.