Rene A. Lacerte - Feb 28, 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 05:17 PM
Previous filing
Feb 17, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +10K +17.07% 68.6K Feb 28, 2022 Direct F1
transaction BILL Common Stock Options Exercise +2.79K +4.06% 71.4K Feb 28, 2022 Direct F1
holding BILL Common Stock 1.96M Feb 28, 2022 See Footnote F2
holding BILL Common Stock 135K Feb 28, 2022 See Footnote F3
holding BILL Common Stock 135K Feb 28, 2022 See Footnote F3
holding BILL Common Stock 163K Feb 28, 2022 See Footnote F4
holding BILL Common Stock 163K Feb 28, 2022 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 Restricted Stock Units Options Exercise $0 -10K -10% $0.00 90K Feb 28, 2022 Common Stock 10K Direct F1, F6
transaction BILL Restricted Stock Units Options Exercise $0 -2.79K -6.67% $0.00 39K Feb 28, 2022 Common Stock 2.79K Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
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 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.
F7 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.