Jeffrey Gordon Richards - 11 Mar 2022 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Director
Signature
/s/ Jeffrey Richards
Issuer symbol
BIGC
Transactions as of
11 Mar 2022
Net transactions value
-$1,219,821
Form type
4
Filing time
15 Mar 2022, 20:01:43 UTC
Previous filing
11 Mar 2022
Next filing
17 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale $498,967 -25,694 -1.1% $19.42 2,354,482 11 Mar 2022 By GGV Capital V L.P. F1, F2
transaction BIGC Series 1 Common Stock Sale $18,313 -943 -1.1% $19.42 86,408 11 Mar 2022 By GGV Capital V Entrepreneurs Fund L.P. F1, F3
transaction BIGC Series 1 Common Stock Sale $105,608 -5,173 -0.22% $20.42 2,349,309 11 Mar 2022 By GGV Capital V L.P. F2, F4
transaction BIGC Series 1 Common Stock Sale $3,879 -190 -0.22% $20.42 86,218 11 Mar 2022 By GGV Capital V Entrepreneurs Fund L.P. F3, F4
transaction BIGC Series 1 Common Stock Sale $419,610 -22,907 -0.98% $18.32 2,326,402 14 Mar 2022 By GGV Capital V L.P. F2, F5
transaction BIGC Series 1 Common Stock Sale $15,405 -841 -0.98% $18.32 85,377 14 Mar 2022 By GGV Capital V Entrepreneurs Fund L.P. F3, F5
transaction BIGC Series 1 Common Stock Sale $152,446 -7,960 -0.34% $19.15 2,318,442 14 Mar 2022 By GGV Capital V L.P. F2, F6
transaction BIGC Series 1 Common Stock Sale $5,592 -292 -0.34% $19.15 85,085 14 Mar 2022 By GGV Capital V Entrepreneurs Fund L.P. F3, F6
* 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 $19.07 to $20.0699, 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 The reported securities are held directly by GGV Capital V L.P. GGV Capital V L.L.C. is the general partner of GGV Capital V L.P. The Reporting Person is the managing director of GGV Capital V L.L.C., and, as a result, may be deemed to have voting and dispositive power over the shares held by by GGV Capital V L.P. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest in such securities.
F3 The reported securities are held directly by GGV Capital V Entrepreneurs Fund L.P. GGV Capital V L.L.C. is the general partner of GGV Capital V Entrepreneurs Fund L.P. The Reporting Person is the managing director of GGV Capital V L.L.C., and, as a result, may be deemed to have voting and dispositive power over the shares held by by GGV Capital V Entrepreneurs Fund L.P. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest in such securities.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.09 to $21.0899, 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 $17.92 to $18.9199, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.9287 to $19.9286, 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 6 to this Form 4.