Richards Jeffrey Gordon - Aug 9, 2022 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Director
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Richards, Jeffrey Gordon
Stock symbol
BIGC
Transactions as of
Aug 9, 2022
Transactions value $
-$2,781,550
Form type
4
Date filed
8/11/2022, 04:13 PM
Previous filing
May 31, 2022
Next filing
Aug 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale -$18.4K -967 -1.26% $19.04 75.6K Aug 9, 2022 By GGV Capital V Entrepreneurs Fund L.P. F1, F2
transaction BIGC Series 1 Common Stock Sale -$501K -26.3K -1.26% $19.04 2.06M Aug 9, 2022 By GGV Capital V L.P. F1, F3
transaction BIGC Series 1 Common Stock Sale -$59.4K -2.94K -3.89% $20.20 72.7K Aug 10, 2022 By GGV Capital V Entrepreneurs Fund L.P. F2, F4
transaction BIGC Series 1 Common Stock Sale -$1.62M -80K -3.88% $20.20 1.98M Aug 10, 2022 By GGV Capital V L.P. F3, F4
transaction BIGC Series 1 Common Stock Sale -$20.8K -1K -1.38% $20.69 71.7K Aug 10, 2022 By GGV Capital V Entrepreneurs Fund L.P. F2, F5
transaction BIGC Series 1 Common Stock Sale -$565K -27.3K -1.38% $20.69 1.95M Aug 10, 2022 By GGV Capital V L.P. F3, F5
* 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 $19.00 to $19.3100, 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 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.
F3 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.6500 to $20.6499, 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 $20.6500 to $21.6499, 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.