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Commerce.com, Inc. — Director's Dealing 2020
Aug 5, 2020
33019_dirs_2020-08-04_a0281731-4225-4815-96ad-cb8949af46f1.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: BigCommerce Holdings, Inc. (BIGC)
CIK: 0001626450
Period of Report: 2020-08-04
Reporting Person: Dhatt Brian Singh (Chief Technology Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Series 1 Common Stock | 61624 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy) | $0.39 | 2026-11-07 | Series 1 Common Stock (339533) | Direct | |
| Incentive Stock Option (Right to Buy) | $1.86 | 2028-02-27 | Series 1 Common Stock (48504) | Direct | |
| Non-Qualified Stock Option (Right to Buy) | $3.03 | 2028-11-30 | Series 1 Common Stock (36666) | Direct | |
| Non-Qualified Stock Option (Right to Buy) | $3.18 | 2029-02-27 | Series 1 Common Stock (83333) | Direct |
Footnotes
F1: Represents restricted stock units which vest and settle upon the satisfaction of both a service condition and a liquidity event condition. The liquidity event condition is satisfied upon the occurrence of a qualifying event, defined as the effectiveness of an initial public offering or the consummation of a change of control transaction. The service condition provides that the restricted stock units vest and settle in four equal annual installments beginning May 27, 2021.
F2: 1/4 of the option shares became exercisable on 11/07/2017, with an additional 1/48 of the option shares becoming exercisable every month thereafter.
F3: Option was immediately exercisable on the date of grant.