Rene A. Lacerte - 03 Sep 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
03 Sep 2021
Net transactions value
-$7,244,639
Form type
4
Filing time
08 Sep 2021, 21:13:21 UTC
Previous filing
03 Sep 2021
Next filing
17 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $68,687 +7,841 +21% $8.76* 45,963 03 Sep 2021 Direct F1
transaction BILL Common Stock Sale $2,332,039 -7,818 -17% $298.29 38,145 03 Sep 2021 Direct F2, F3
transaction BILL Common Stock Sale $6,879 -23 -0.06% $299.10 38,122 03 Sep 2021 Direct F2, F4
transaction BILL Common Stock Options Exercise $10,512 +1,200 +3.1% $8.76* 39,322 07 Sep 2021 Direct
transaction BILL Common Stock Sale $239,035 -800 -2% $298.79 38,522 07 Sep 2021 Direct F2, F5
transaction BILL Common Stock Sale $119,656 -400 -1% $299.14 38,122 07 Sep 2021 Direct F2
transaction BILL Common Stock Options Exercise $139,801 +15,959 +42% $8.76* 54,081 08 Sep 2021 Direct
transaction BILL Common Stock Sale $3,949,454 -13,231 -24% $298.50 40,850 08 Sep 2021 Direct F2, F6
transaction BILL Common Stock Sale $726,480 -2,428 -5.9% $299.21 38,422 08 Sep 2021 Direct F2, F7
transaction BILL Common Stock Sale $90,096 -300 -0.78% $300.32 38,122 08 Sep 2021 Direct F2, F8
holding BILL Common Stock 1,983,749 03 Sep 2021 See Footnote F9
holding BILL Common Stock 135,000 03 Sep 2021 See Footnote F10
holding BILL Common Stock 135,000 03 Sep 2021 See Footnote F10
holding BILL Common Stock 163,125 03 Sep 2021 See Footnote F11
holding BILL Common Stock 163,125 03 Sep 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 -7,841 -1.2% $0.000000 667,159 03 Sep 2021 Common Stock 7,841 $8.76 Direct F13
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1,200 -0.18% $0.000000 665,959 07 Sep 2021 Common Stock 1,200 $8.76 Direct F13
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -15,959 -2.4% $0.000000 650,000 08 Sep 2021 Common Stock 15,959 $8.76 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 100 shares of Common Stock acquired under the Issuer's employee stock purchase plan on September 3, 2021.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.00 to $298.895 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 $299.00 to $299.11 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 $298.09 to $200.06 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 $298.00 to $298.99 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 $299.00 to $299.63 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 $300.245 to $300.47 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 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.