0001209191-23-057025.txt : 20231130 0001209191-23-057025.hdr.sgml : 20231130 20231130192040 ACCESSION NUMBER: 0001209191-23-057025 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231128 FILED AS OF DATE: 20231130 DATE AS OF CHANGE: 20231130 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lacerte Rene A. CENTRAL INDEX KEY: 0001795497 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39149 FILM NUMBER: 231457129 MAIL ADDRESS: STREET 1: C/O BILL HOLDINGS, INC. STREET 2: 6220 AMERICA CENTER DR., SUITE 100 CITY: SAN JOSE STATE: CA ZIP: 95002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BILL Holdings, Inc. CENTRAL INDEX KEY: 0001786352 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 832661725 FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 6220 AMERICA CENTER DR. STREET 2: SUITE 100 CITY: SAN JOSE STATE: CA ZIP: 95002 BUSINESS PHONE: (650) 621-7700 MAIL ADDRESS: STREET 1: 6220 AMERICA CENTER DR. STREET 2: SUITE 100 CITY: SAN JOSE STATE: CA ZIP: 95002 FORMER COMPANY: FORMER CONFORMED NAME: Bill.com Holdings, Inc. DATE OF NAME CHANGE: 20190823 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-11-28 0 0001786352 BILL Holdings, Inc. BILL 0001795497 Lacerte Rene A. C/O BILL HOLDINGS, INC. 6220 AMERICA CENTER DR., SUITE 100 SAN JOSE CA 95002 1 1 0 0 CEO 0 Common Stock 2023-11-28 4 M 0 10000 A 86488 D Common Stock 2023-11-28 4 M 0 2785 A 89273 D Common Stock 2023-11-28 4 M 0 5358 A 94631 D Common Stock 2023-11-28 4 M 0 3657 A 98288 D Common Stock 2023-11-28 4 M 0 2366 A 100654 D Common Stock 2023-11-29 4 S 0 5583 66.9824 D 95071 D Common Stock 2023-11-29 4 S 0 6106 67.7346 D 88965 D Common Stock 2023-11-29 4 S 0 448 68.4041 D 88517 D Common Stock 1708749 I See Footnote Common Stock 135000 I See Footnote Common Stock 135000 I See Footnote Common Stock 163125 I See Footnote Common Stock 163125 I See Footnote Common Stock 205000 I See Footnote Restricted Stock Units 2023-11-28 4 M 0 10000 0.00 D Common Stock 10000 20000 D Restricted Stock Units 2023-11-28 4 M 0 2785 0.00 D Common Stock 2785 19497 D Restricted Stock Units 2023-11-28 4 M 0 5358 0.00 D Common Stock 5358 58948 D Restricted Stock Units 2023-11-28 4 M 0 3657 0.00 D Common Stock 3657 54867 D Performance Stock Units 2023-11-28 4 M 0 2366 0.00 D Common Stock 2366 16571 D Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. Includes 74 shares of Common Stock acquired under the issuer's employee stock purchase plan on September 6, 2023. Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of Common Stock, subject to the continuing service of the Reporting Person on each vesting date. The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs and PSUs. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.325 to $67.32 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.325 to $68.32 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.33 to $68.42 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. The shares are held by Chung Lacerte Trust U/A dated February 15, 2004, Rene A. Lacerte and Joyce A. Chung, Trustees. 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. The shares are held by Ilio Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees. The shares are held by Nene Irrevocable Trust, Rene Lacerte and Joyce Chung, Trustees. The shares are held by the Makahakama Foundation. 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. 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. 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. 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. 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. /s/ Rajesh Aji, Attorney-in-Fact 2023-11-30