0001209191-23-046458.txt : 20230817
0001209191-23-046458.hdr.sgml : 20230817
20230817194752
ACCESSION NUMBER: 0001209191-23-046458
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230815
FILED AS OF DATE: 20230817
DATE AS OF CHANGE: 20230817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rettig John R.
CENTRAL INDEX KEY: 0001550715
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39149
FILM NUMBER: 231183453
MAIL ADDRESS:
STREET 1: C/O BILL HOLDINGS, INC.
STREET 2: 6220 AMERICA CENTER DR., SUITE 100
CITY: SAN JOSE
STATE: CA
ZIP: 95002
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BILL Holdings, Inc.
CENTRAL INDEX KEY: 0001786352
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 832661725
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 6220 AMERICA CENTER DR.
STREET 2: SUITE 100
CITY: SAN JOSE
STATE: CA
ZIP: 95002
BUSINESS PHONE: (650) 621-7700
MAIL ADDRESS:
STREET 1: 6220 AMERICA CENTER DR.
STREET 2: SUITE 100
CITY: SAN JOSE
STATE: CA
ZIP: 95002
FORMER COMPANY:
FORMER CONFORMED NAME: Bill.com Holdings, Inc.
DATE OF NAME CHANGE: 20190823
4
1
doc4.xml
FORM 4 SUBMISSION
X0508
4
2023-08-15
0
0001786352
BILL Holdings, Inc.
BILL
0001550715
Rettig John R.
C/O BILL HOLDINGS, INC.
6220 AMERICA CENTER DR., SUITE 100
SAN JOSE
CA
95002
0
1
0
0
CFO
0
Restricted Stock Units
2023-08-15
4
A
0
41803
0.00
A
Common Stock
41803
41803
D
Performance Stock Units
2023-08-15
5
A
0
E
25081
0.00
A
Common Stock
25081
25081
D
Performance Stock Units
2023-08-15
5
A
0
E
16721
0.00
A
Common Stock
16721
16721
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
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.
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 PSUs may vest depending on the achievement of certain revenue and profitability targets of the Issuer over the one-year period beginning July 1, 2023 and ending June 30, 2024, subject to the Reporting Person's continued service to the Issuer. Once earned, the PSUs will vest over three years, with 1/3rd vesting upon the completion of the one-year performance period and the certification by the Issuer's Compensation Committee or the Board of the achievement level, and the remaining 2/3rds vesting quarterly thereafter over the following two years.
The PSUs may vest depending on the Issuer's total shareholder return over a three-year period beginning July 1, 2023 and ending June 30, 2026, relative to companies that comprise the Russell 3000, subject to the Reporting Person's continued service to the Issuer. Once earned, the PSUs will vest in full following the date on which the Issuer's Compensation Committee or the Board certifies the achievement level, with such vesting to occur on the next regular quarterly vesting date thereafter.
/s/ Rajesh Aji, Attorney-in-Fact
2023-08-17