Rene A. Lacerte - 08 Mar 2022 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: 08 Mar 2022
Net transactions value: +$99,998
Form type: 4
Filing time: 09 Mar 2022, 18:44:19 UTC
Previous filing: 03 Mar 2022
Next filing: 17 Mar 2022
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	$99,998	+19,011	+32%	$5.26^*	78,970	08 Mar 2022	Direct
holding	BILL	Common Stock						1,958,749	08 Mar 2022	See Footnote	F1
holding	BILL	Common Stock						135,000	08 Mar 2022	See Footnote	F2
holding	BILL	Common Stock						135,000	08 Mar 2022	See Footnote	F2
holding	BILL	Common Stock						163,125	08 Mar 2022	See Footnote	F3
holding	BILL	Common Stock						163,125	08 Mar 2022	See Footnote	F4

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	-19,011	-7.4%	$0.000000	236,456	08 Mar 2022	Common Stock	19,011	$5.26	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F2	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.
F3	The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F4	The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F5	The option vests 1/48th of the total shares monthly beginning September 2, 2018 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.