Jeff Mengoli - 16 Sep 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Chief Legal Officer/Secretary
Signature
Jeff Mengoli
Issuer symbol
BIGC
Transactions as of
16 Sep 2021
Net transactions value
-$324,808
Form type
4
Filing time
20 Sep 2021, 18:14:04 UTC
Previous filing
16 Sep 2021
Next filing
06 Oct 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 $18,180 +6,000 +4.9% $3.03 128,409 16 Sep 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale $135,663 -2,401 -1.9% $56.50* 126,008 16 Sep 2021 Direct F2, F3
transaction BIGC Series 1 Common Stock Sale $195,679 -3,399 -2.7% $57.57* 122,609 16 Sep 2021 Direct F2, F4
transaction BIGC Series 1 Common Stock Sale $11,646 -200 -0.16% $58.23* 122,409 16 Sep 2021 Direct F2

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 $0 -6,000 -11% $0.000000 51,000 16 Sep 2021 Series 1 Common Stock 6,000 $3.03 Direct F1, F5
* 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 $56.05 to $57.0499, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.05 to $58.0499, 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.
F5 Option was immediately exercisable on the date of grant.