Rene A. Lacerte - Aug 29, 2023 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Aug 29, 2023
Transactions value $
-$1,510,506
Form type
4
Date filed
8/31/2023, 09:41 PM
Previous filing
Aug 30, 2023
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Sale -$274K -2.58K -2.26% $106.05 112K Aug 29, 2023 Direct F1, F2
transaction BILL Common Stock Sale -$114K -1.07K -0.95% $106.94 111K Aug 29, 2023 Direct F1, F3
transaction BILL Common Stock Sale -$156K -1.45K -1.31% $107.60 109K Aug 29, 2023 Direct F1, F4
transaction BILL Common Stock Sale -$80.8K -742 -0.68% $108.92 109K Aug 29, 2023 Direct F1, F5
transaction BILL Common Stock Sale -$463K -4.21K -3.88% $110.01 104K Aug 29, 2023 Direct F1, F6
transaction BILL Common Stock Sale -$422K -3.81K -3.65% $110.81 101K Aug 29, 2023 Direct F1, F7
holding BILL Common Stock 1.71M Aug 29, 2023 See Footnote F8
holding BILL Common Stock 135K Aug 29, 2023 See Footnote F9
holding BILL Common Stock 135K Aug 29, 2023 See Footnote F9
holding BILL Common Stock 163K Aug 29, 2023 See Footnote F10
holding BILL Common Stock 163K Aug 29, 2023 See Footnote F11
holding BILL Common Stock 205K Aug 29, 2023 See Footnote F12
* 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") and Performance Stock Units ("PSUs") that were reported on the Form 4 filed on August 30, 2023.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.38 to $106.37 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 $106.38 to $107.37 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 $107.39 to $108.31 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 $108.43 to $109.40 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 $109.43 to $110.42 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 $110.45 to $111.23 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 shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F9 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.
F10 The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F11 The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees.
F12 The shares are held by the Makahakama Foundation.