Rene A. Lacerte - 28 May 2024 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role
CEO, Director
Signature
/s/ Rajesh Aji, Attorney-in-Fact
Issuer symbol
BILL
Transactions as of
28 May 2024
Net transactions value
-$635,827
Form type
4
Filing time
30 May 2024, 18:44:33 UTC
Previous filing
01 Mar 2024
Next filing
26 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise +10,000 +9.7% 112,863 28 May 2024 Direct F1
transaction BILL Common Stock Options Exercise +2,786 +2.5% 115,649 28 May 2024 Direct F1
transaction BILL Common Stock Options Exercise +5,359 +4.6% 121,008 28 May 2024 Direct F1
transaction BILL Common Stock Options Exercise +3,658 +3% 124,666 28 May 2024 Direct F1
transaction BILL Common Stock Options Exercise +2,368 +1.9% 127,034 28 May 2024 Direct F2
transaction BILL Common Stock Tax liability $635,827 -12,251 -9.6% $51.90 114,783 28 May 2024 Direct F3
holding BILL Common Stock 1,708,749 28 May 2024 See footnote F4
holding BILL Common Stock 135,000 28 May 2024 See footnote F5
holding BILL Common Stock 135,000 28 May 2024 See footnote F5
holding BILL Common Stock 163,125 28 May 2024 See footnote F6
holding BILL Common Stock 163,125 28 May 2024 See footnote F7
holding BILL Common Stock 205,000 28 May 2024 See footnote F8

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 Unit Options Exercise $0 -10,000 -100% $0.000000* 0 28 May 2024 Common Stock 10,000 Direct F1, F9
transaction BILL Restricted Stock Unit Options Exercise $0 -2,786 -17% $0.000000 13,926 28 May 2024 Common Stock 2,786 Direct F1, F10
transaction BILL Restricted Stock Unit Options Exercise $0 -5,359 -10% $0.000000 48,230 28 May 2024 Common Stock 5,359 Direct F1, F11
transaction BILL Restricted Stock Unit Options Exercise $0 -3,658 -7.1% $0.000000 47,551 28 May 2024 Common Stock 3,658 Direct F1, F12
transaction BILL Performance Stock Units Options Exercise $0 -2,368 -17% $0.000000 11,836 28 May 2024 Common Stock 2,368 Direct F2, F13
* 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 Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of the Issuer's Common Stock.
F3 Represents shares withheld to satisfy tax withholding obligation in connection with the vesting of RSUs and PSUs.
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.
F9 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.
F10 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.
F11 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.
F12 The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2023, subject to the continuing service of the Reporting Person on each vesting date.
F13 The PSUs vest over three years; 1/3rd vests on August 28, 2023, and thereafter the remaining 2/3rd will vest quarterly over two years, subject to the continuing service of the Reporting Person on each vesting date.