SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DCM Affiliates Fund IV, L.P.

(Last) (First) (Middle)
C/O DCM INVESTMENT MANAGEMENT
2420 SAND HILL ROAD, SUITE 200

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bill.com Holdings, Inc. [ BILL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/16/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/16/2019 C(1) 244,958 A $0 244,958 I See Footnote(2)
Common Stock 12/16/2019 C(1) 9,632,457 A $0 9,632,457 I See Footnote(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock (1) 12/16/2019 C(1) 65,720 (1) (1) Common Stock 65,720 $0 0 I See Footnote(2)
Series A Convertible Preferred Stock (1) 12/16/2019 C(1) 2,584,280 (1) (1) Common Stock 2,584,280 $0 0 I See Footnote(3)
Series B Convertible Preferred Stock (1) 12/16/2019 C(1) 57,320 (1) (1) Common Stock 57,320 $0 0 I See Footnote(2)
Series B Convertible Preferred Stock (1) 12/16/2019 C(1) 2,253,980 (1) (1) Common Stock 2,253,980 $0 0 I See Footnote(3)
Series C Convertible Preferred Stock (1) 12/16/2019 C(1) 19,947 (1) (1) Common Stock 19,947 $0 0 I See Footnote(2)
Series C Convertible Preferred Stock (1) 12/16/2019 C(1) 784,389 (1) (1) Common Stock 784,389 $0 0 I See Footnote(3)
Series D Convertible Preferred Stock (1) 12/16/2019 C(1) 23,758 (1) (1) Common Stock 23,758 $0 0 I See Footnote(2)
Series D Convertible Preferred Stock (1) 12/16/2019 C(1) 934,218 (1) (1) Common Stock 934,218 $0 0 I See Footnote(3)
Series E Convertible Preferred Stock (1) 12/16/2019 C(1) 41,092 (1) (1) Common Stock 41,092 $0 0 I See Footnote(2)
Series E Convertible Preferred Stock (1) 12/16/2019 C(1) 1,615,846 (1) (1) Common Stock 1,615,846 $0 0 I See Footnote(3)
Series F Convertible Preferred Stock (1) 12/16/2019 C(1) 28,237 (1) (1) Common Stock 28,237 $0 0 I See Footnote(2)
Series F Convertible Preferred Stock (1) 12/16/2019 C(1) 1,110,383 (1) (1) Common Stock 1,110,383 $0 0 I See Footnote(3)
Series G Convertible Preferred Stock (1) 12/16/2019 C(1) 8,884 (1) (1) Common Stock 8,884 $0 0 I See Footnote(2)
Series G Convertible Preferred Stock (1) 12/16/2019 C(1) 349,361 (1) (1) Common Stock 349,361 $0 0 I See Footnote(3)
1. Name and Address of Reporting Person*
DCM Affiliates Fund IV, L.P.

(Last) (First) (Middle)
C/O DCM INVESTMENT MANAGEMENT
2420 SAND HILL ROAD, SUITE 200

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
DCM IV, L.P.

(Last) (First) (Middle)
C/O DCM INVESTMENT MANAGEMENT
2420 SAND HILL ROAD, SUITE 200

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Immediately upon the close of the Issuer's initial public offering all shares of the Issuer's convertible preferred stock automatically converted into shares of its Common Stock on a 1:1 basis.
2. The shares are held by DCM Affiliates Fund IV, L.P. DCM Investment Management IV, L.P. is the general partner of DCM Affiliates Fund IV, L.P. and DCM IV, L.P. (collectively, the "DCM Entities"). DCM International IV, Ltd. is the general partner of DCM Investment Management IV, L.P. David Chao, the director of DCM International IV, Ltd. and a member of the Issuer's board of directors, may be deemed to have sole voting and investment power with respect to the shares held by the DCM Entities.
3. The shares are held by DCM IV, L.P. DCM Investment Management IV, L.P. is the general partner of the DCM Entities. DCM International IV, Ltd. is the general partner of DCM Investment Management IV, L.P. David Chao, the director of DCM International IV, Ltd. and a member of the Issuer's board of directors, may be deemed to have sole voting and investment power with respect to the shares held by the DCM Entities.
/s. Matthew C. Bonner, COO & Legal Partner 12/18/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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