Rene A. Lacerte - 28 Nov 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 Nov 2021
Net transactions value
-$1,938,474
Form type
4
Filing time
30 Nov 2021, 18:02:41 UTC
Previous filing
17 Nov 2021
Next filing
02 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Gift $0 -25,000 -1.3% $0.000000 1,958,749 22 Nov 2021 See Footnote F1, F2
transaction BILL Common Stock Options Exercise +10,000 +18% 67,133 28 Nov 2021 Direct F3
transaction BILL Common Stock Options Exercise +2,785 +4.1% 69,918 28 Nov 2021 Direct F3
transaction BILL Common Stock Sale $92,289 -316 -0.45% $292.05 69,602 29 Nov 2021 Direct F4, F5
transaction BILL Common Stock Sale $250,779 -855 -1.2% $293.31 68,747 29 Nov 2021 Direct F4, F6
transaction BILL Common Stock Sale $385,337 -1,310 -1.9% $294.15 67,437 29 Nov 2021 Direct F4, F7
transaction BILL Common Stock Sale $299,646 -1,015 -1.5% $295.22 66,422 29 Nov 2021 Direct F4, F8
transaction BILL Common Stock Sale $276,426 -933 -1.4% $296.28 65,489 29 Nov 2021 Direct F4, F9
transaction BILL Common Stock Sale $109,625 -369 -0.56% $297.09 65,120 29 Nov 2021 Direct F4, F10
transaction BILL Common Stock Sale $22,656 -76 -0.12% $298.10 65,043 29 Nov 2021 Direct F4, F11
transaction BILL Common Stock Sale $53,246 -178 -0.27% $299.13 64,865 29 Nov 2021 Direct F4, F12
transaction BILL Common Stock Sale $294,346 -980 -1.5% $300.35 63,885 29 Nov 2021 Direct F4, F13
transaction BILL Common Stock Sale $47,071 -156 -0.24% $301.74 63,729 29 Nov 2021 Direct F4, F14
transaction BILL Common Stock Sale $26,029 -86 -0.13% $302.66 63,643 29 Nov 2021 Direct F4, F15
transaction BILL Common Stock Sale $81,024 -267 -0.42% $303.46 63,376 29 Nov 2021 Direct F4, F16
holding BILL Common Stock 135,000 28 Nov 2021 See Footnote F17
holding BILL Common Stock 135,000 28 Nov 2021 See Footnote F17
holding BILL Common Stock 163,125 28 Nov 2021 See Footnote F18
holding BILL Common Stock 163,125 28 Nov 2021 See Footnote F19

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 -9.1% $0.000000 100,000 28 Nov 2021 Common Stock 10,000 Direct F3, F20
transaction BILL Restricted Stock Units Options Exercise $0 -2,785 -6.2% $0.000000 41,778 28 Nov 2021 Common Stock 2,785 Direct F3, F21
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock that the Reporting Person donated as a gift to a donor advised fund.
F2 The shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F4 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.61 to $292.60 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 $292.68 to $293.67 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 $293.69 to $294.68 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 $294.71 to $295.67 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 $295.71 to $296.70 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 $296.72 to $297.64 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.83 to $298.20 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.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.92 to $299.66 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 $300.00 to $300.98 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 $301.13 to $302.09 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 $302.18 to $303.00 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 $303.4344 to $303.4878 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 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.
F18 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F19 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F20 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.
F21 The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2021, subject to the continuing service of the Reporting Person on each vesting date.