Rene A. Lacerte - Apr 18, 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Role
President and CEO, Director
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Apr 18, 2022
Transactions value $
-$1,855,580
Form type
4
Date filed
4/20/2022, 07:45 PM
Previous filing
Mar 17, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $52.6K +10K +12.66% $5.26* 89K Apr 18, 2022 Direct
transaction BILL Common Stock Sale -$150K -800 -0.9% $187.16 88.2K Apr 18, 2022 Direct F1, F2
transaction BILL Common Stock Sale -$170K -900 -1.02% $188.42 87.3K Apr 18, 2022 Direct F1, F3
transaction BILL Common Stock Sale -$171K -900 -1.03% $189.53 86.4K Apr 18, 2022 Direct F1, F4
transaction BILL Common Stock Sale -$553K -2.9K -3.36% $190.70 83.5K Apr 18, 2022 Direct F1, F5
transaction BILL Common Stock Sale -$479K -2.5K -3% $191.69 81K Apr 18, 2022 Direct F1, F6
transaction BILL Common Stock Sale -$289K -1.5K -1.85% $192.76 79.5K Apr 18, 2022 Direct F1, F7
transaction BILL Common Stock Sale -$77.4K -400 -0.5% $193.61 79.1K Apr 18, 2022 Direct F1, F8
transaction BILL Common Stock Sale -$19.5K -100 -0.13% $194.55 79K Apr 18, 2022 Direct F1
holding BILL Common Stock 1.96M Apr 18, 2022 See Footnote F9
holding BILL Common Stock 135K Apr 18, 2022 See Footnote F10
holding BILL Common Stock 135K Apr 18, 2022 See Footnote F10
holding BILL Common Stock 163K Apr 18, 2022 See Footnote F11
holding BILL Common Stock 163K Apr 18, 2022 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 -10K -4.42% $0.00 216K Apr 18, 2022 Common Stock 10K $5.26 Direct F13
* 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 $186.68 to $187.66 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.92 to $188.90 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 $189.06 to $190.00 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.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.25 to $191.20 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.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.27 to $192.26 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 $192.46 to $193.26 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 $193.47 to $193.79 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 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.