Rene A. Lacerte - 15 Jun 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
15 Jun 2021
Net transactions value
-$5,282,816
Form type
4
Filing time
17 Jun 2021, 19:18:25 UTC
Previous filing
03 Jun 2021
Next filing
22 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 15 Jun 2021 Direct
transaction BILL Common Stock Options Exercise $219,000 +25,000 +52% $8.76* 73,022 15 Jun 2021 Direct
transaction BILL Common Stock Sale $108,108 -700 -0.96% $154.44 72,322 15 Jun 2021 Direct F1, F2
transaction BILL Common Stock Sale $280,454 -1,800 -2.5% $155.81 70,522 15 Jun 2021 Direct F1, F3
transaction BILL Common Stock Sale $235,334 -1,500 -2.1% $156.89 69,022 15 Jun 2021 Direct F1, F4
transaction BILL Common Stock Sale $4,454,896 -28,188 -41% $158.04 40,834 15 Jun 2021 Direct F1, F5
transaction BILL Common Stock Sale $395,016 -2,487 -6.1% $158.83 38,347 15 Jun 2021 Direct F1, F6
transaction BILL Common Stock Sale $51,806 -325 -0.85% $159.40 38,022 15 Jun 2021 Direct F1, F7
holding BILL Common Stock 2,033,749 15 Jun 2021 See Footnote F8
holding BILL Common Stock 135,000 15 Jun 2021 See Footnote F9
holding BILL Common Stock 135,000 15 Jun 2021 See Footnote F9
holding BILL Common Stock 203,125 15 Jun 2021 See Footnote F10
holding BILL Common Stock 203,125 15 Jun 2021 See Footnote F11

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 -36% $0.000000 17,500 15 Jun 2021 Common Stock 10,000 $2.38 Direct F12
transaction BILL Employee Stock Option (Right to Buy Options Exercise $0 -25,000 -2.9% $0.000000 825,000 15 Jun 2021 Common Stock 25,000 $8.76 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 $154.11 to $154.73 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 $155.22 to $156.18 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 $156.29 to $157.28 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 $157.29 to $158.27 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 $158.30 to $159.29 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 $159.35 to $159.50 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.
F8 The shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F9 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.
F10 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F11 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F12 The option is fully vested and exercisable.
F13 The option vests 50% on December 10, 2020 and thereafter 1/48 of the total shares vest monthly until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.