Robert Alvarez - Aug 19, 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Chief Financial Officer
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Robert Alvarez
Stock symbol
BIGC
Transactions as of
Aug 19, 2021
Transactions value $
-$1,078,508
Form type
4
Date filed
8/23/2021, 06:28 PM
Previous filing
Jun 28, 2021
Next filing
Sep 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $7.8K +20K +17.2% $0.39* 136K Aug 19, 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale -$551K -10.2K -7.5% $53.94 126K Aug 19, 2021 Direct F2, F3
transaction BIGC Series 1 Common Stock Sale -$535K -9.78K -7.75% $54.71* 116K Aug 19, 2021 Direct F2, F4
holding BIGC Series 1 Common Stock 185K Aug 19, 2021 By Robert Alvarez Gifting Trust
holding BIGC Series 1 Common Stock 59.2K Aug 19, 2021 By Robert and Jackie Alvarez Revocable Trust

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 -20K -19.09% $0.00 84.7K Aug 19, 2021 Series 1 Common Stock 20K $0.39 Direct F1
* 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 $53.32 to $54.3199, 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 $54.32 to $55.3199, 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.