Steven Joseph Murray - Jun 25, 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Director
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Steven J. Murray
Stock symbol
BIGC
Transactions as of
Jun 25, 2021
Transactions value $
-$4,023,759
Form type
4
Date filed
6/29/2021, 06:14 PM
Previous filing
Jun 25, 2021
Next filing
Jul 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale -$195K -3K -0.17% $65.02* 1.8M Jun 25, 2021 By Softbank Princeville Investments, L.P. F1, F2, F3
transaction BIGC Series 1 Common Stock Sale -$3.83M -58.8K -3.27% $65.12* 1.74M Jun 28, 2021 By Softbank Princeville Investments, L.P. F1, F4
holding BIGC Series 1 Common Stock 288K Jun 25, 2021 By Revolution Growth GP II, LP F5
* 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 March 16, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $65.0800, 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 2 to this Form 4.
F3 The reported securities are held directly by Softbank Princeville Investments, L.P. ("Softbank Princeville"). The Reporting Person is the managing member of SB PV GP LLC, which is the general partner of SB PV GP, L.P., the general partner of Softbank Princeville. The Reporting Person may be deemed to have voting and dispositive power with respect to these shares. The Reporting Person disclaims beneficial ownership of the shares held by Softbank Princeville except to the extent of his pecuniary interest therein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $65.42, 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.
F5 The reported securities are held directly by Revolution Growth GP II, LP ("Revolution II GP"). The Reporting Person is the operating manager of Revolution Growth UGP II, LLC, the general partner of Revolution II GP, which is the general partner of Revolution II. The Reporting Person has voting power with respect to these shares and as a member of the investment committee of Revolution II GP, may be deemed to share dispositive power with respect to these shares. The Reporting Person disclaims beneficial ownership of the shares held by Revolution II GP except to the extent of his pecuniary interest therein.