Rene A. Lacerte - 23 Aug 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
23 Aug 2021
Net transactions value
-$5,245,673
Form type
4
Filing time
25 Aug 2021, 18:04:09 UTC
Previous filing
18 Aug 2021
Next filing
31 Aug 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 $157,268 +17,953 +47% $8.76* 55,975 23 Aug 2021 Direct
transaction BILL Common Stock Sale $3,920,973 -17,953 -32% $218.40 38,022 23 Aug 2021 Direct F1, F2
transaction BILL Common Stock Options Exercise $61,732 +7,047 +19% $8.76* 45,069 24 Aug 2021 Direct
transaction BILL Common Stock Sale $644,124 -2,947 -6.5% $218.57 42,122 24 Aug 2021 Direct F1, F3
transaction BILL Common Stock Sale $899,576 -4,100 -9.7% $219.41 38,022 24 Aug 2021 Direct F1, F4
holding BILL Common Stock 2,033,749 23 Aug 2021 See Footnote F5
holding BILL Common Stock 135,000 23 Aug 2021 See Footnote F6
holding BILL Common Stock 135,000 23 Aug 2021 See Footnote F6
holding BILL Common Stock 203,125 23 Aug 2021 See Footnote F7
holding BILL Common Stock 203,125 23 Aug 2021 See Footnote F8

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 -17,953 -2.3% $0.000000 757,047 23 Aug 2021 Common Stock 17,953 $8.76 Direct F9
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -7,047 -0.93% $0.000000 750,000 24 Aug 2021 Common Stock 7,047 $8.76 Direct F9
* 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 $218.00 to $218.94 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 $218.01 to $218.945 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 $219.03 to $219.865 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 shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F6 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.
F7 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F8 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F9 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.