Brian Singh Dhatt - 28 May 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Signature
/s /Jeff Mengoli, Attorney-in-Fact for Brian Dhatt
Issuer symbol
BIGC
Transactions as of
28 May 2021
Transactions value $
-$857,016
Form type
4
Filing time
02 Jun 2021, 18:26:08
Next filing
28 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale -$446K -8.04K -8.52% $55.46* 86.4K 28 May 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale -$113K -2.07K -2.39% $54.65 84.3K 28 May 2021 Direct F2, F3
transaction BIGC Series 1 Common Stock Sale -$156K -2.8K -3.32% $55.76* 81.5K 28 May 2021 Direct F2, F4
transaction BIGC Series 1 Common Stock Sale -$119K -2.1K -2.58% $56.71* 79.4K 28 May 2021 Direct F2, F5
transaction BIGC Series 1 Common Stock Sale -$23K -400 -0.5% $57.45* 79K 28 May 2021 Direct F2, F6
* 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.
F2 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.24 to $55.2399, inclusive. The reporting person undertakes to provide to BigCommerce Holdings, Inc., any security holder of BigCommerce Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in Footnote 3 to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.25 to $56.2499, inclusive. The reporting person undertakes to provide to BigCommerce Holdings, Inc., any security holder of BigCommerce Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in Footnote 4 to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.30 to $57.2999, inclusive. The reporting person undertakes to provide to BigCommerce Holdings, Inc., any security holder of BigCommerce Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in Footnote 5 to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.30 to $58.2999, inclusive. The reporting person undertakes to provide to BigCommerce Holdings, Inc., any security holder of BigCommerce Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in Footnote 6 to this Form 4.