Jeffrey Gordon Richards - 16 Nov 2023 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Director
Signature
/s/ Chuck Cassidy, Attorney-in-Fact for Richards, Jeffrey Gordon
Issuer symbol
BIGC
Transactions as of
16 Nov 2023
Net transactions value
-$1,159,900
Form type
4
Filing time
20 Nov 2023, 16:13:39 UTC
Previous filing
16 Nov 2023
Next filing
13 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Sale $41,054 -4,692 -23% $8.75 15,480 16 Nov 2023 By GGV Capital V Entrepreneurs Fund L.P. F1, F2
transaction BIGC Series 1 Common Stock Sale $1,118,846 -127,871 -23% $8.75 422,057 16 Nov 2023 By GGV Capital V L.P. F1, F3
* 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 $8.7000 to $9.2000, 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.