Commerce.com, Inc. — Director's Dealing 2020

Aug 5, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BigCommerce Holdings, Inc. (BIGC)
CIK: 0001626450
Period of Report: 2020-08-04

Reporting Person: Duvall Jimmy (Chief Product 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 (149788)		Direct
Non-Qualified Stock Option (Right to Buy)	$1.86	2027-12-31	Series 1 Common Stock (50193)		Direct
Non-Qualified Stock Option (Right to Buy)	$3.03	2028-11-30	Series 1 Common Stock (83333)		Direct
Incentive Stock Option (Right to Buy)	$0.39	2026-11-07	Series 1 Common Stock (141240)		Indirect

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.

F4: Options, which pursuant to the terms of the Issuer's equity incentive plan are not transferable pursuant to a divorce decreee, which are held in the name of the reporting person for the benefit of the reporting person's ex-spouse pursuant to a divoce decree.