0001209191-23-057027.txt : 20231130
0001209191-23-057027.hdr.sgml : 20231130
20231130192555
ACCESSION NUMBER: 0001209191-23-057027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231128
FILED AS OF DATE: 20231130
DATE AS OF CHANGE: 20231130
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Padelford Loren
CENTRAL INDEX KEY: 0001949318
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39149
FILM NUMBER: 231457137
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
2023-11-28
0
0001786352
BILL Holdings, Inc.
BILL
0001949318
Padelford Loren
C/O BILL HOLDINGS, INC.
6220 AMERICA CENTER DR., SUITE 100
SAN JOSE
CA
95002
0
1
0
0
CCO
0
Common Stock
2023-11-28
4
M
0
11372
A
14200
D
Common Stock
2023-11-28
4
M
0
1128
A
15328
D
Common Stock
2023-11-28
4
M
0
1256
A
16584
D
Common Stock
2023-11-29
4
S
0
2765
66.9824
D
13819
D
Common Stock
2023-11-29
4
S
0
3024
67.7346
D
10795
D
Common Stock
2023-11-29
4
S
0
222
68.4041
D
10573
D
Restricted Stock Units
2023-11-28
4
M
0
11372
0.00
D
Common Stock
11372
34117
D
Restricted Stock Units
2023-11-28
4
M
0
1128
0.00
D
Common Stock
1128
16931
D
Performance Stock Units
2023-11-28
4
M
0
1256
0.00
D
Common Stock
1256
8790
D
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.
/s/ Rajesh Aji, Attorney-in-Fact
2023-11-30