Filing Details
- Accession Number:
- 0001209191-23-057027
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-11-30 19:25:55
- Reporting Period:
- 2023-11-28
- Accepted Time:
- 2023-11-30 19:25:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1786352 | Bill Holdings Inc. | BILL | Services-Prepackaged Software (7372) | 832661725 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1949318 | Loren Padelford | C/O Bill Holdings, Inc. 6220 America Center Dr., Suite 100 San Jose CA 95002 | Cco | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-11-28 | 11,372 | $0.00 | 14,200 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-11-28 | 1,128 | $0.00 | 15,328 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-11-28 | 1,256 | $0.00 | 16,584 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-11-29 | 2,765 | $66.98 | 13,819 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-29 | 3,024 | $67.73 | 10,795 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-29 | 222 | $68.40 | 10,573 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2023-11-28 | 11,372 | $0.00 | 11,372 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2023-11-28 | 1,128 | $0.00 | 1,128 | $0.00 |
| Common Stock | Performance Stock Units | Disposition | 2023-11-28 | 1,256 | $0.00 | 1,256 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 34,117 | No | 4 | M | Direct | ||
| 16,931 | No | 4 | M | Direct | ||
| 8,790 | No | 4 | M | Direct |
Footnotes
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of Common Stock, subject to the continuing service of the Reporting Person on each vesting date.
- The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs and PSUs.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.325 to $67.32 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.325 to $68.32 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.33 to $68.42 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.
- The RSUs vest as to 1/4th of the total shares on November 28, 2023, and thereafter 1/16th of the total shares vest quarterly over three years, subject to the continued service of the Reporting Person on each vesting date.
- The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2023, subject to the continuing service of the Reporting Person on each vesting date.
- The PSUs vest over three years; 1/3rd vests on August 28, 2023, and thereafter the remaining 2/3rd will vest quarterly over two years, subject to the continuing service of the Reporting Person on each vesting date.
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