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Commerce.com, Inc. — Director's Dealing 2020
Aug 10, 2020
33019_dirs_2020-08-10_9f694357-522f-4f8c-b58d-58c69b61d257.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BigCommerce Holdings, Inc. (BIGC)
CIK: 0001626450
Period of Report: 2020-08-07
Reporting Person: Revolution Growth UGP II, LLC (10% Owner)
Reporting Person: Revolution Growth GP II, LP (10% Owner)
Reporting Person: REVOLUTION GROWTH II, LP (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-07 | Series 1 Common Stock | C | 5603785 | — | Acquired | 5603785 | Indirect |
| 2020-08-07 | Series 1 Common Stock | C | 279522 | — | Acquired | 5883307 | Indirect |
| 2020-08-07 | Series 1 Common Stock | C | 616449 | — | Acquired | 6499756 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-07 | Series C Preferred Stock | $ | C | 16393442 | Disposed | Series 1 Common Stock (5603785) | Indirect | |
| 2020-08-07 | Series D Preferred Stock | $ | C | 794797 | Disposed | Series 1 Common Stock (279522) | Indirect | |
| 2020-08-07 | Series E Preferred Stock | $ | C | 1849347 | Disposed | Series 1 Common Stock (616449) | Indirect |
Footnotes
F1: Series C Preferred Stock (a) automatically converted into the Issuer's Series 1 Common Stock at the applicable conversion ratio set forth in the Issuer's certificate of incorporation immediately prior to the completion of the Issuer's initial public offering of Series 1 Common Stock and (b) had no expiration date.
F2: These securities are held directly by Revolution Growth II, LP ("Revolution II"). Revolution Growth UGP II, LLC is the general partner of Revolution Growth GP II, LP, which is the general partner of Revolution II. Revolution Growth UGP II, LLC and Revolution Growth GP II, LP may be deemed to have voting and dispositive power with respect to these shares. Each of the reporting persons disclaims beneficial ownership of the shares reported herein except to the extent of its respective pecuniary interest therein.
F3: Series D Preferred Stock (a) automatically converted into the Issuer's Series 1 Common Stock at the applicable conversion ratio set forth in the Issuer's certificate of incorporation immediately prior to the completion of the Issuer's initial public offering of Series 1 Common Stock and (b) had no expiration date.
F4: Series E Preferred Stock (a) automatically converted into the Issuer's Series 1 Common Stock at the applicable conversion ratio set forth in the Issuer's certificate of incorporation immediately prior to the completion of the Issuer's initial public offering of Series 1 Common Stock and (b) had no expiration date.