Jimmy Duvall - Jun 9, 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
Jun 9, 2021
Transactions value $
-$294,432
Form type
4
Date filed
6/10/2021, 04:33 PM
Previous filing
Jun 2, 2021
Next filing
Jul 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $1.95K +5K +5.95% $0.39* 89K Jun 9, 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale -$173K -2.93K -3.29% $59.01* 86.1K Jun 9, 2021 Direct F2, F3
transaction BIGC Series 1 Common Stock Sale -$111K -1.87K -2.18% $59.53* 84.2K Jun 9, 2021 Direct F2, F4
transaction BIGC Series 1 Common Stock Sale -$12.2K -200 -0.24% $60.77* 84K Jun 9, 2021 Direct F2, F5
holding BIGC Series 1 Common Stock 7K Jun 9, 2021 By Ex-Spouse F6

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 -7.14% $0.00 65K Jun 9, 2021 Series 1 Common Stock 5K $0.39 Direct F1, F7
* 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 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 $58.38 to $59.3799, 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 $59.40 to $60.3999, 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 $60.51 to $61.5099, 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 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.
F7 Option was immediately exercisable on the date of grant.