Rene A. Lacerte - 28 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
28 May 2021
Net transactions value
-$1,503,613
Form type
4
Filing time
03 Jun 2021, 21:17:01 UTC
Previous filing
18 May 2021
Next filing
17 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Gift $0 -28,125 -1.3% $0.000000 2,061,874 21 May 2021 See Footnote F1
transaction BILL Common Stock Gift $0 +28,125 +16% $0.000000 203,125 21 May 2021 See Footnote F2
transaction BILL Common Stock Gift $0 -28,125 -1.4% $0.000000 2,033,749 21 May 2021 See Footnote F1
transaction BILL Common Stock Gift $0 +28,125 +16% $0.000000 203,125 21 May 2021 See Footnote F3
transaction BILL Common Stock Options Exercise +10,000 +26% 48,022 28 May 2021 Direct F4
transaction BILL Common Stock Sale $161,521 -1,114 -2.3% $144.99 46,908 01 Jun 2021 Direct F5, F6
transaction BILL Common Stock Sale $213,282 -1,460 -3.1% $146.08* 45,448 01 Jun 2021 Direct F5, F7
transaction BILL Common Stock Sale $106,943 -728 -1.6% $146.90 44,721 01 Jun 2021 Direct F5, F8
transaction BILL Common Stock Sale $63,442 -429 -0.96% $147.88 44,291 01 Jun 2021 Direct F5, F9
transaction BILL Common Stock Sale $196,286 -1,317 -3% $149.04 42,974 01 Jun 2021 Direct F5, F10
transaction BILL Common Stock Sale $44,507 -295 -0.69% $150.87 42,679 02 Jun 2021 Direct F11, F12
transaction BILL Common Stock Sale $136,665 -900 -2.1% $151.85 41,779 02 Jun 2021 Direct F11, F13
transaction BILL Common Stock Sale $76,343 -500 -1.2% $152.69 41,279 02 Jun 2021 Direct F11, F14
transaction BILL Common Stock Sale $123,057 -800 -1.9% $153.82 40,479 02 Jun 2021 Direct F11, F15
transaction BILL Common Stock Sale $304,030 -1,959 -4.8% $155.20 38,520 02 Jun 2021 Direct F11, F16
transaction BILL Common Stock Sale $77,537 -498 -1.3% $155.70 38,022 02 Jun 2021 Direct F11, F17
holding BILL Common Stock 135,000 28 May 2021 See Footnote F18
holding BILL Common Stock 135,000 28 May 2021 See Footnote F18

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 Restricted Stock Units Options Exercise $0 -10,000 -7.7% $0.000000 120,000 28 May 2021 Common Stock 10,000 Direct F4, F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F2 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F3 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F4 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F5 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.43 to $145.42 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.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.44 to $146.43 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 $146.45 to $147.44 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.47 to $148.40 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.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.51 to $149.19 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.
F11 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.35 to $151.20 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.
F13 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.37 to $152.34 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.
F14 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $152.40 to $153.37 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.
F15 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $153.48 to $154.46 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.
F16 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.60 to $155.59 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.
F17 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.63 to $155.79 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.
F18 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.
F19 The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2020, subject to the continuing service of the Reporting Person on each vesting date.