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

Signature
/s /Jeff Mengoli, Attorney-in-Fact for Lisa Eggerton
Issuer symbol
BIGC
Transactions as of
28 May 2021
Net transactions value
-$1,386,329
Form type
4
Filing time
02 Jun 2021, 18:26:56 UTC
Next filing
16 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale $113,120 -2,000 -2.4% $56.56* 81,416 28 May 2021 Direct F1
transaction BIGC Series 1 Common Stock Options Exercise $5,400 +2,000 +2.5% $2.70* 83,416 28 May 2021 Direct F2
transaction BIGC Series 1 Common Stock Sale $324,467 -5,850 -7% $55.46* 77,566 28 May 2021 Direct F3
transaction BIGC Series 1 Common Stock Sale $171,259 -3,139 -4% $54.56 74,427 28 May 2021 Direct F1, F4
transaction BIGC Series 1 Common Stock Sale $180,051 -3,233 -4.3% $55.69* 71,194 28 May 2021 Direct F1, F5
transaction BIGC Series 1 Common Stock Sale $84,746 -1,500 -2.1% $56.50* 69,694 28 May 2021 Direct F1, F6
transaction BIGC Series 1 Common Stock Sale $22,968 -400 -0.57% $57.42* 69,294 28 May 2021 Direct F1, F7
transaction BIGC Series 1 Common Stock Options Exercise $25,286 +9,365 $2.70* 9,365 28 May 2021 By Ex-Spouse F2, F8
transaction BIGC Series 1 Common Stock Sale $180,782 -3,310 -35% $54.62 6,055 28 May 2021 By Ex-Spouse F1, F8, F9
transaction BIGC Series 1 Common Stock Sale $209,063 -3,754 -62% $55.69* 2,301 28 May 2021 By Ex-Spouse F1, F8, F10
transaction BIGC Series 1 Common Stock Sale $107,622 -1,901 -83% $56.61* 400 28 May 2021 By Ex-Spouse F1, F8, F11
transaction BIGC Series 1 Common Stock Sale $22,937 -400 -100% $57.34* 0 28 May 2021 By Ex-Spouse F1, F8, 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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -2,000 -1.9% $0.000000 102,334 28 May 2021 Series 1 Common Stock 2,000 $2.70 Direct F2, F13
transaction BIGC Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -9,365 -11% $0.000000 75,279 28 May 2021 Series 1 Common Stock 9,365 $2.70 By Ex-Spouse F2, F13, F14
* 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 $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 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 $56.24 to $57.2399, 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 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 12 to this Form 4.
F13 Option was immediately exercisable on the date of grant.
F14 Options, which, pursuant to the terms of the Issuers equity incentive plan, are not transferable pursuant to a divorce decree, are held in the name of the reporting person for the benefit of the reporting persons ex-spouse pursuant to a divorce decree.
F2 The stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
F3 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.
F4 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 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 $55.22 to $56.2199, 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 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 $56.24 to $57.2399, 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 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 $57.24 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 7 to this Form 4.
F8 The shares underlying this sale are held in the name of the reporting person for the benefit of the reporting persons ex-spouse pursuant to a divorce decree.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.17 to $55.1699, 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.