Lisa Eggerton - Jul 7, 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Chief Marketing Officer
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Lisa Eggerton
Stock symbol
BIGC
Transactions as of
Jul 7, 2021
Transactions value $
-$1,311,424
Form type
4
Date filed
7/8/2021, 07:28 PM
Previous filing
Jun 22, 2021
Next filing
Jul 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $50.6K +18.7K $2.70* 18.7K Jul 7, 2021 By Ex-Spouse F1, F2
transaction BIGC Series 1 Common Stock Sale -$1.31M -18.7K -100% $70.02* 0 Jul 7, 2021 By Ex-Spouse F3, F4, F5
holding BIGC Series 1 Common Stock 69.3K Jul 7, 2021 Direct

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 -$50.6K -18.7K -24.88% $2.70* 56.5K Jul 7, 2021 Series 1 Common Stock 18.7K $2.70 By Ex-Spouse F1, F6, 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 The shares were acquired pursuant to an option exercise at the direction of, and are held for the benefit of, the reporting person's former spouse pursuant to a divorce decree. The reporting person disclaims beneficial ownership of these shares
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 $70.0173 to $71.0172, 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 shares underlying this sale are held in the name of the reporting person for the benefit of the reporting persons ex-spouse pursuant to a divorce decree.
F6 Option was immediately exercisable on the date of grant.
F7 Options, which, pursuant to the terms of the Issuers equity incentive plan, are not transferable pursuant to a divorce decree, are held in the name of the reporting person for the benefit of the reporting persons ex-spouse pursuant to a divorce decree.