Chao David K 4
4 · Bill.com Holdings, Inc. · Filed Oct 5, 2020
Insider Transaction Report
Form 4
Chao David K
Director10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-10-01−1,250→ 1,250 total→ Common Stock (1,250 underlying) - Exercise/Conversion
Common Stock
2020-10-01+1,250→ 3,750 total
Holdings
- 49,038(indirect: See Footnote)
Common Stock
- 1,928,377(indirect: See Footnote)
Common Stock
Footnotes (4)
- [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 DCM Affiliates Fund IV, L.P. DCM Investment Management IV, L.P. is the general partner of DCM Affiliates Fund IV, L.P. and DCM IV, L.P. (collectively, the "DCM Entities"). DCM International IV, Ltd. is the general partner of DCM Investment Management IV, L.P. David Chao, a member of the Issuer's board of directors, and Matthew C. Bonner, both of whom are the directors of DCM International IV, Ltd., may be deemed to have shared voting and investment power with respect to the shares held by the DCM Entities.
- [F3]The shares are held by DCM IV, L.P. DCM Investment Management IV, L.P. is the general partner of the DCM Entities. DCM International IV, Ltd. is the general partner of DCM Investment Management IV, L.P. David Chao, a member of the Issuer's board of directors, and Matthew C. Bonner, both of whom are the directors of DCM International IV, Ltd., may be deemed to have shared voting and investment power with respect to the shares held by the DCM Entities.
- [F4]The RSUs shall vest in four (4) equal quarterly installments over the 12-month period beginning January 1, 2020, subject to continued service on each applicable vesting date.