O'Driscoll Rory 4
4 · Bill.com Holdings, Inc. · Filed Dec 10, 2021
Insider Transaction Report
Form 4
O'Driscoll Rory
Director
Transactions
- Exercise/Conversion
Common Stock
2021-12-09+953→ 953 total - Exercise/Conversion
Restricted Stock Units
2021-12-09−953→ 0 total→ Common Stock (953 underlying)
Holdings
- 16,567(indirect: See Footnote)
Common Stock
- 5,000(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]The shares are held by Scale Management, LLC ("ScaleMgt"). The managers of ScaleMgt are Rory O'Driscoll, a member of the Issuer's board of directors, Stacey Bishop, Andrew Vitus and Ariel Tseitlin, who all share voting and dispositive power with respect to the shares held by ScaleMgt.
- [F3]The shares are held by a trust for which the Reporting Person serves as a trustee.
- [F4]The RSUs shall be 100% vested on the earlier of (a) the date of next annual stockholders meeting and (b) one year from the date of grant, subject to continued service on such vesting date.
- [F5]Pursuant to the policies of ScaleVP IV LP and Scale Management, LLC ("ScaleMgt"), the Reporting Person is deemed to hold the reported RSUs for the benefit of ScaleMgt. ScaleMgt may be deemed the indirect beneficial owner of the RSUs.