Russell Scott Klein - May 28, 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Chief Commercial Officer
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Russell Scott Klein
Stock symbol
BIGC
Transactions as of
May 28, 2021
Transactions value $
-$653,093
Form type
4
Date filed
6/2/2021, 06:27 PM
Next filing
Jun 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale -$653K -11.8K -4.3% $55.46* 262K 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.