Jimmy Duvall - 09 Jun 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Signature
/s /Jeff Mengoli, Attorney-in-Fact for Jimmy Duvall
Issuer symbol
BIGC
Transactions as of
09 Jun 2021
Net transactions value
-$294,432
Form type
4
Filing time
10 Jun 2021, 16:33:37 UTC
Previous filing
02 Jun 2021
Next filing
12 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $1,950 +5,000 +6% $0.3900* 89,009 09 Jun 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale $172,735 -2,927 -3.3% $59.01* 86,082 09 Jun 2021 Direct F2, F3
transaction BIGC Series 1 Common Stock Sale $111,493 -1,873 -2.2% $59.53* 84,209 09 Jun 2021 Direct F2, F4
transaction BIGC Series 1 Common Stock Sale $12,154 -200 -0.24% $60.77* 84,009 09 Jun 2021 Direct F2, F5
holding BIGC Series 1 Common Stock 7,000 09 Jun 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 -5,000 -7.1% $0.000000 65,009 09 Jun 2021 Series 1 Common Stock 5,000 $0.3900 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.