Robert Alvarez - Oct 18, 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
Oct 18, 2021
Transactions value $
-$543,980
Form type
4
Date filed
10/20/2021, 05:04 PM
Previous filing
Oct 7, 2021
Next filing
Nov 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $3.9K +10K +6.4% $0.39* 166K Oct 18, 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale -$26.6K -500 -0.3% $53.12 166K Oct 18, 2021 Direct F2, F3
transaction BIGC Series 1 Common Stock Sale -$221K -4.06K -2.45% $54.37 162K Oct 18, 2021 Direct F2, F4
transaction BIGC Series 1 Common Stock Sale -$300K -5.44K -3.36% $55.26* 156K Oct 18, 2021 Direct F2, F5
holding BIGC Series 1 Common Stock 185K Oct 18, 2021 By Robert Alvarez Gifting Trust
holding BIGC Series 1 Common Stock 29.2K Oct 18, 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 -10K -22.35% $0.00 34.7K Oct 18, 2021 Series 1 Common Stock 10K $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 $52.85 to $53.8499, 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 $53.86 to $54.8599, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.86 to $55.8599, 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.