LISA EGGERTON - 20 Sep 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Signature
/s /Jeff Mengoli, Attorney-in-Fact for Lisa Eggerton
Issuer symbol
BIGC
Transactions as of
20 Sep 2021
Transactions value $
-$589,218
Form type
4
Filing time
22 Sep 2021, 18:43:17 UTC
Previous filing
20 Aug 2021
Next filing
20 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $5.4K +2K +2.89% $2.70 71.3K 20 Sep 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale -$112K -2K -2.81% $55.98* 69.3K 20 Sep 2021 Direct F2
transaction BIGC Series 1 Common Stock Options Exercise $25.3K +9.37K $2.70 9.37K 20 Sep 2021 By Ex-Spouse F3, F4
transaction BIGC Series 1 Common Stock Sale -$188K -3.51K -37.5% $53.48* 5.85K 20 Sep 2021 By Ex-Spouse F4, F5, F6
transaction BIGC Series 1 Common Stock Sale -$254K -4.65K -79.5% $54.49* 1.2K 20 Sep 2021 By Ex-Spouse F4, F5, F7
transaction BIGC Series 1 Common Stock Sale -$66.6K -1.2K -100% $55.48* 0 20 Sep 2021 By Ex-Spouse F4, F5, F8

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 -2K -2.49% $0.00 78.3K 20 Sep 2021 Series 1 Common Stock 2K $2.70 Direct F1, F9
transaction BIGC Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -9.37K -19.85% $0.00 37.8K 20 Sep 2021 Series 1 Common Stock 9.37K $2.70 By Ex-Spouse F3, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020 and modified on August 18, 2021.
F10 Options, which, pursuant to the terms of the Issuers equity incentive plan, are not transferable pursuant to a divorce decree, are held in the name of the reporting person for the benefit of the reporting persons ex-spouse pursuant to a divorce decree.
F2 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person November 30, 2020 and modified on August 18, 2021.
F3 The stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
F4 The shares underlying this sale are held in the name of the reporting person for the benefit of the reporting persons ex-spouse pursuant to a divorce decree.
F5 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.95 to $53.9499, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.04 to $55.0399, 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 7 to this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.05 to $56.0499, 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 8 to this Form 4.
F9 Option was immediately exercisable on the date of grant.