Rene A. Lacerte - 14 May 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
14 May 2021
Net transactions value
-$1,368,151
Form type
4
Filing time
18 May 2021, 18:18:07 UTC
Next filing
03 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $23,800 +10,000 +26% $2.38* 48,022 14 May 2021 Direct
transaction BILL Common Stock Sale $53,597 -400 -0.83% $133.99 47,622 14 May 2021 Direct F1, F2
transaction BILL Common Stock Sale $40,446 -300 -0.63% $134.82 47,322 14 May 2021 Direct F1, F3
transaction BILL Common Stock Sale $54,733 -400 -0.85% $136.83 46,922 14 May 2021 Direct F1, F4
transaction BILL Common Stock Sale $69,036 -500 -1.1% $138.07 46,422 14 May 2021 Direct F1, F5
transaction BILL Common Stock Sale $418,554 -3,008 -6.5% $139.15 43,414 14 May 2021 Direct F1, F6
transaction BILL Common Stock Sale $657,091 -4,692 -11% $140.04 38,722 14 May 2021 Direct F1, F7
transaction BILL Common Stock Sale $98,494 -700 -1.8% $140.71 38,022 14 May 2021 Direct F1, F8
holding BILL Common Stock 2,089,999 14 May 2021 See Footnote F9
holding BILL Common Stock 135,000 14 May 2021 See Footnote F10
holding BILL Common Stock 135,000 14 May 2021 See Footnote F10
holding BILL Common Stock 175,000 14 May 2021 See Footnote F11
holding BILL Common Stock 175,000 14 May 2021 See Footnote F12

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BILL Employee Stock Option (Right to Buy Options Exercise $0 -10,000 -27% $0.000000 27,500 14 May 2021 Common Stock 10,000 $2.38 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.50 to $134.46 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.50 to $135.35 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.52 to $137.32 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.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.54 to $138.50 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.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.58 to $139.55 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.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.61 to $140.57 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.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.61 to $140.85 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.
F9 The shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F10 The shares are held by a family trust with Rene A. Lacerte and Joyce A. Chung, as Trustors, and Rene A. Lacerte, Joyce A. Chung, and Daniel C. Chung, as Trustees.
F11 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F12 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F13 The option is fully vested and exercisable.