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

Signature
/s /Jeff Mengoli, Attorney-in-Fact for Paul Vaillancourt
Stock symbol
BIGC
Transactions as of
May 28, 2021
Transactions value $
-$750,712
Form type
4
Date filed
6/2/2021, 06:27 PM
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $6.31K +2.08K +0.87% $3.03 242K May 28, 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale -$266K -4.79K -1.98% $55.46* 237K May 28, 2021 Direct F2
transaction BIGC Series 1 Common Stock Sale -$181K -3.31K -1.4% $54.59 234K May 28, 2021 Direct F3, F4
transaction BIGC Series 1 Common Stock Sale -$192K -3.44K -1.47% $55.72* 230K May 28, 2021 Direct F3, F5
transaction BIGC Series 1 Common Stock Sale -$96.1K -1.7K -0.74% $56.55* 228K May 28, 2021 Direct F3, F6
transaction BIGC Series 1 Common Stock Sale -$23K -400 -0.18% $57.41* 228K May 28, 2021 Direct F3, F7

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 -2.08K -5.26% $0.00 37.5K May 28, 2021 Series 1 Common Stock 2.08K $3.03 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
F2 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.
F3 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
F4 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 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 $55.23 to $56.2299, 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 $57.30 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 7 to this Form 4.
F8 Option was immediately exercisable on the date of grant.