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

Role
Chief Product Officer
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Jimmy Duvall
Stock symbol
BIGC
Transactions as of
May 28, 2021
Transactions value $
-$1,130,609
Form type
4
Date filed
6/2/2021, 06:26 PM
Next filing
Jun 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale -$92.8K -1.7K -1.71% $54.60 97.7K May 28, 2021 Direct F1, F2
transaction BIGC Series 1 Common Stock Options Exercise $1.95K +5K +5.12% $0.39* 103K May 28, 2021 Direct F3
transaction BIGC Series 1 Common Stock Sale -$354K -6.38K -6.21% $55.46* 96.3K May 28, 2021 Direct F4
transaction BIGC Series 1 Common Stock Sale -$123K -2.2K -2.28% $55.73* 94.1K May 28, 2021 Direct F1, F5
transaction BIGC Series 1 Common Stock Sale -$56.6K -1K -1.06% $56.61* 93.1K May 28, 2021 Direct F1, F6
transaction BIGC Series 1 Common Stock Sale -$5.74K -100 -0.11% $57.37* 93K May 28, 2021 Direct F1, F7
transaction BIGC Series 1 Common Stock Sale -$188K -3.45K -3.71% $54.57 89.6K May 28, 2021 Direct F1, F8
transaction BIGC Series 1 Common Stock Sale -$197K -3.54K -3.95% $55.70* 86K May 28, 2021 Direct F1, F9
transaction BIGC Series 1 Common Stock Sale -$92.2K -1.63K -1.9% $56.56* 84.4K May 28, 2021 Direct F1, F10
transaction BIGC Series 1 Common Stock Sale -$23K -401 -0.48% $57.39* 84K May 28, 2021 Direct F1, F11
holding BIGC Series 1 Common Stock 7K May 28, 2021 By Ex-Spouse F12

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 BIGC Incentive Stock Option (Right to Buy) Options Exercise $0 -5K -6.67% $0.00 70K May 28, 2021 Series 1 Common Stock 5K $0.39 Direct F3, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.22 to $57.2199, 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 10 to this Form 4.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.24 to $58.2399, 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 11 to this Form 4.
F12 The shares were acquired pursuant to a previous option exercise at the direction of, and are held for the benefit of, the insider's former spouse pursuant to a divorce decree. The reporting person disclaims beneficial ownership of these shares
F13 Option was immediately exercisable on the date of grant.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.18 to $55.1799, 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 2 to this Form 4.
F3 The stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
F4 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.28 to $56.2799, 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 $56.28 to $57.2799, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.37 to $58.3699, 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 7 to this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.18 to $55.1799, 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 8 to this Form 4.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.21 to $56.2099, 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 9 to this Form 4.