Rene A. Lacerte - 01 Mar 2023 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
01 Mar 2023
Net transactions value
-$645,785
Form type
4
Filing time
03 Mar 2023, 16:28:25 UTC
Previous filing
02 Mar 2023
Next filing
31 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Sale $433,108 -5,152 -5% $84.07 98,014 01 Mar 2023 Direct F1, F2
transaction BILL Common Stock Sale $212,677 -2,505 -2.6% $84.90 95,509 01 Mar 2023 Direct F1, F3
holding BILL Common Stock 1,708,749 01 Mar 2023 See Footnote F4
holding BILL Common Stock 135,000 01 Mar 2023 See Footnote F5
holding BILL Common Stock 135,000 01 Mar 2023 See Footnote F5
holding BILL Common Stock 163,125 01 Mar 2023 See Footnote F6
holding BILL Common Stock 163,125 01 Mar 2023 See Footnote F7
holding BILL Common Stock 205,000 01 Mar 2023 See Footnote F8
* 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 the Form 4 filed on March 2, 2023.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.57 to $84.56 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 $84.57 to $85.48 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 shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F5 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.
F6 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F7 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F8 The shares are held by the Makahakama Foundation.