Marc Ostryniec - May 28, 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Chief Sales Officer
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Marc Ostryniec
Stock symbol
BIGC
Transactions as of
May 28, 2021
Transactions value $
-$324,300
Form type
4
Date filed
6/2/2021, 06:25 PM
Next filing
Jun 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale -$324K -5.85K -8.09% $55.46* 66.4K May 28, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects units sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of RSUs granted on May 27, 2020. The sale was to satisfy tax withholding obligations to be funded by a mandatory "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.