Daniel Lentz - Jun 30, 2023 Form 3 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role: Chief Financial Officer
Signature: /s/ Chuck Cassidy, Attorney-in-Fact for Daniel Lentz
Stock symbol: BIGC
Transactions as of: Jun 30, 2023
Transactions value $: $0
Form type: 3
Date filed: 7/5/2023, 04:11 PM
Next filing: Mar 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BIGC	Series 1 Common Stock						109K	Jun 30, 2023	Direct

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
holding	BIGC	Non-Qualified Stock Option (Right to Buy)							Jun 30, 2023	Series 1 Common Stock	40.9K	$10.42	Direct	F1
holding	BIGC	Non-Qualified Stock Option (Right to Buy)							Jun 30, 2023	Series 1 Common Stock	24.2K	$20.25	Direct	F2
holding	BIGC	Non-Qualified Stock Option (Right to Buy)							Jun 30, 2023	Series 1 Common Stock	5.08K	$59.56	Direct	F3
holding	BIGC	Non-Qualified Stock Option (Right to Buy)							Jun 30, 2023	Series 1 Common Stock	31.2K	$3.18	Direct	F4

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

Explanation of Responses:

Id	Content
F1	The option agreement provides that the option vests 25% at the one year anniversary of the vesting start date, then vests ratably monthly thereafter for a total vesting period of four years. The vesting start date was March 21, 2023.
F2	The option agreement provides that the option vests 25% at the one year anniversary of the vesting start date, then vests ratably monthly thereafter for a total vesting period of four years. The vesting start date was March 21, 2022.
F3	The option agreement provides that the option vests 25% at the one year anniversary of the vesting start date, then vests ratably monthly thereafter for a total vesting period of four years. The vesting start date was March 1, 2021.
F4	These options fully vested on November 19, 2022.