Thomas Aylor - Nov 16, 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role: VP - Prin. Accounting Officer
Signature: /s /Jeff Mengoli, Attorney-in-Fact for Thomas Aylor
Stock symbol: BIGC
Transactions as of: Nov 16, 2021
Transactions value $: -$474,360
Form type: 4
Date filed: 11/18/2021, 04:57 PM
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BIGC	Series 1 Common Stock	Options Exercise	$208K	+12K	+339.94%	$17.34	15.5K	Nov 16, 2021	Direct
transaction	BIGC	Series 1 Common Stock	Sale	-$682K	-12K	-77.27%	$56.87^*	3.53K	Nov 16, 2021	Direct	F1

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	-12K	-27.97%	$0.00	30.9K	Nov 16, 2021	Series 1 Common Stock	12K	$17.34	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.69 to $57.07, 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 1 to this Form 4.
F2	1/4 of the option shares became exercisable on July 13, 2021, with an additional 1/48 of the option shares becoming exercisable every month thereafter.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.69 to $57.07, 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 1 to this Form 4.

1/4 of the option shares became exercisable on July 13, 2021, with an additional 1/48 of the option shares becoming exercisable every month thereafter.