Rene A. Lacerte - May 31, 2022 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
May 31, 2022
Transactions value $
-$820,692
Form type
4
Date filed
6/2/2022, 09:47 PM
Previous filing
Jun 1, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Sale -$17K -146 -0.16% $116.65 91.6K May 31, 2022 Direct F1, F2
transaction BILL Common Stock Sale -$83.7K -711 -0.78% $117.75 90.9K May 31, 2022 Direct F1, F3
transaction BILL Common Stock Sale -$274K -2.31K -2.54% $118.40 88.6K May 31, 2022 Direct F1, F4
transaction BILL Common Stock Sale -$125K -1.04K -1.18% $119.79 87.5K May 31, 2022 Direct F1, F5
transaction BILL Common Stock Sale -$75.1K -623 -0.71% $120.50 86.9K May 31, 2022 Direct F1, F6
transaction BILL Common Stock Sale -$103K -844 -0.97% $121.82 86.1K May 31, 2022 Direct F1, F7
transaction BILL Common Stock Sale -$128K -1.05K -1.22% $122.67 85K May 31, 2022 Direct F1, F8
transaction BILL Common Stock Sale -$15.1K -122 -0.14% $123.40 84.9K May 31, 2022 Direct F1, F9
holding BILL Common Stock 225K May 31, 2022 See Footnote F10
holding BILL Common Stock 1.71M May 31, 2022 See Footnote F11
holding BILL Common Stock 135K May 31, 2022 See Footnote F12
holding BILL Common Stock 135K May 31, 2022 See Footnote F12
holding BILL Common Stock 163K May 31, 2022 See Footnote F13
holding BILL Common Stock 163K May 31, 2022 See Footnote F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of Restricted Stock Units ("RSUs") that were reported on a Form 4 filed on June 1, 2022.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.08 to $117.07 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 117.13 to $118.12 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 $118.13 to $119.12 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 $119.13 to $120.12 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 $120.13 to $121.11 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.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.21 to $122.19 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 $122.21 to $123.19 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 $123.21 to $123.58 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 shares are held by the Makahakama Foundation.
F11 The shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F12 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.
F13 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F14 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.