Rene A. Lacerte - 28 Aug 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 Aug 2024
Transactions value $
-$375,743
Form type
4
Date filed
29 Aug 2024, 17:38
Previous filing
26 Aug 2024
Next filing
18 Sep 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 +2.79K 2.79K 28 Aug 2024 Direct F1
transaction BILL Common Stock Options Exercise +5.36K +192.42% 8.14K 28 Aug 2024 Direct F1
transaction BILL Common Stock Options Exercise +3.66K +44.92% 11.8K 28 Aug 2024 Direct F1
transaction BILL Common Stock Options Exercise +2.37K +20.06% 14.2K 28 Aug 2024 Direct F2
transaction BILL Common Stock Tax liability -$376K -7.18K -50.7% $52.31 6.99K 28 Aug 2024 Direct F3
holding BILL Common Stock 1.71M 28 Aug 2024 See footnote F4
holding BILL Common Stock 135K 28 Aug 2024 See footnote F5
holding BILL Common Stock 135K 28 Aug 2024 See footnote F5
holding BILL Common Stock 184K 28 Aug 2024 See footnote F6
holding BILL Common Stock 184K 28 Aug 2024 See footnote F7
holding BILL Common Stock 205K 28 Aug 2024 See footnote F8
holding BILL Common Stock 115K 28 Aug 2024 See footnote F9, F10

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 -2.79K -20% $0.00 11.1K 28 Aug 2024 Common Stock 2.79K Direct F1, F11
transaction BILL Restricted Stock Unit Options Exercise $0 -5.36K -11.11% $0.00 42.9K 28 Aug 2024 Common Stock 5.36K Direct F1, F12
transaction BILL Restricted Stock Unit Options Exercise $0 -3.66K -7.69% $0.00 43.9K 28 Aug 2024 Common Stock 3.66K Direct F1, F13
transaction BILL Performance Stock Units Options Exercise $0 -2.37K -20% $0.00 9.47K 28 Aug 2024 Common Stock 2.37K Direct F2, F14
* 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 a trust for which the Reporting Person and his spouse serve as trustees.
F7 The shares are held by an additional trust for which the Reporting Person and his spouse serve as trustees.
F8 The shares are held by the Makahakama Foundation.
F9 Represents shares of the Issuer's Common Stock that the Reporting Person retitled on August 27, 2024.
F10 The shares are held by Makahakama Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees.
F11 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.
F12 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.
F13 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.
F14 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.