Rene A. Lacerte - 18 Jun 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
President and CEO, Director
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
18 Jun 2021
Net transactions value
-$4,231,000
Form type
4
Filing time
22 Jun 2021, 17:33:34 UTC
Previous filing
17 Jun 2021
Next filing
19 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $219,000 +25,000 +66% $8.76* 63,022 18 Jun 2021 Direct
transaction BILL Common Stock Sale $4,450,000 -25,000 -40% $178.00 38,022 18 Jun 2021 Direct F1
holding BILL Common Stock 2,033,749 18 Jun 2021 See Footnote F2
holding BILL Common Stock 135,000 18 Jun 2021 See Footnote F3
holding BILL Common Stock 135,000 18 Jun 2021 See Footnote F3
holding BILL Common Stock 203,125 18 Jun 2021 See Footnote F4
holding BILL Common Stock 203,125 18 Jun 2021 See Footnote F5

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 -25,000 -3% $0.000000 800,000 18 Jun 2021 Common Stock 25,000 $8.76 Direct F6
* 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 shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F3 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.
F4 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F5 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F6 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.