Rene A. Lacerte - Feb 28, 2023 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
President and CEO, Director
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 07:04 PM
Previous filing
Nov 30, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +10K +11.76% 95K Feb 28, 2023 Direct F1, F2
transaction BILL Common Stock Options Exercise +2.79K +2.93% 97.8K Feb 28, 2023 Direct F1
transaction BILL Common Stock Options Exercise +5.36K +5.48% 103K Feb 28, 2023 Direct F1
holding BILL Common Stock 1.71M Feb 28, 2023 See Footnote F3
holding BILL Common Stock 135K Feb 28, 2023 See Footnote F4
holding BILL Common Stock 135K Feb 28, 2023 See Footnote F4
holding BILL Common Stock 163K Feb 28, 2023 See Footnote F5
holding BILL Common Stock 163K Feb 28, 2023 See Footnote F6
holding BILL Common Stock 205K Feb 28, 2023 See Footnote F7

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 -16.67% $0.00 50K Feb 28, 2023 Common Stock 10K Direct F1, F8
transaction BILL Restricted Stock Units Options Exercise $0 -2.79K -9.09% $0.00 27.9K Feb 28, 2023 Common Stock 2.79K Direct F1, F9
transaction BILL Restricted Stock Units Options Exercise $0 -5.36K -6.67% $0.00 75K Feb 28, 2023 Common Stock 5.36K Direct F1, F10
* 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 Includes 113 shares of Common Stock acquired under the issuer's employee stock purchase plan on February 6, 2023.
F3 The shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F4 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.
F5 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F6 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F7 The shares are held by the Makahakama Foundation.
F8 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.
F9 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.
F10 The RSUs vest in 16 equal quarterly installments over four years, beginning August 28, 2022, subject to the continuing service of the Reporting Person on each vesting date.