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

Role
Chief Financial Officer
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Robert Alvarez
Issuer symbol
BIGC
Transactions as of
19 Aug 2021
Net transactions value
-$1,078,508
Form type
4
Filing time
23 Aug 2021, 18:28:30 UTC
Previous filing
28 Jun 2021
Next filing
20 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $7,800 +20,000 +17% $0.3900* 136,310 19 Aug 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale $551,326 -10,222 -7.5% $53.94 126,088 19 Aug 2021 Direct F2, F3
transaction BIGC Series 1 Common Stock Sale $534,983 -9,778 -7.8% $54.71* 116,310 19 Aug 2021 Direct F2, F4
holding BIGC Series 1 Common Stock 185,185 19 Aug 2021 By Robert Alvarez Gifting Trust
holding BIGC Series 1 Common Stock 59,240 19 Aug 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 -20,000 -19% $0.000000 84,743 19 Aug 2021 Series 1 Common Stock 20,000 $0.3900 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.