Commerce.com, Inc. — Director's Dealing 2021

Dec 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BigCommerce Holdings, Inc. (BIGC)
CIK: 0001626450
Period of Report: 2021-11-30

Reporting Person: Bellm Brent (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-12	Series 1 Common Stock	G	237588.00	$0.00	Disposed	422319.00	Indirect
2021-08-12	Series 1 Common Stock	G	240227.00	$0.00	Disposed	419680.00	Indirect
2021-11-30	Series 1 Common Stock	P	422319.00	—	Acquired	659907.00	Indirect
2021-11-30	Series 1 Common Stock	P	419680.00	—	Acquired	659907.00	Indirect
2021-11-30	Series 1 Common Stock	S	422319.00	—	Disposed	0.00	Indirect
2021-11-30	Series 1 Common Stock	S	419680.00	—	Disposed	0.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Series 1 Common Stock	100389.00	Indirect
Series 1 Common Stock	496696.00	Indirect
Series 1 Common Stock	0.00	Indirect
Series 1 Common Stock	349356.00	Direct

Footnotes

F1: In connection with the reporting person's estate plan, the reporting person and the reporting person's spouse each transferred 659,907 shares to Elkmont Ltd. ("Elkmont"), a limited partnership of which the reporting person and the reporting person's spouse are the sole limited partners. The reporting person is the sole manager of Elkmont Investment Management, LLC, a limited liability company that is the sole general partner of Elkmont and wholly owned by the reporting person and the reporting person's spouse.

F2: In connection with the reporting person's estate plan, the reporting person and the reporting person's spouse gifted 18.0% and 18.2%, respectively, of the limited partnership interests in Elkmont to intentionally defective grantor trusts ("IDGT"), the sole beneficiaries of which are the reporting person or the reporting person's spouse and the reporting person's children. The reporting person is the sole trustee of the IDGTs.

F3: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on August 18, 2021.

F4: In connection with the reporting person's estate plan and following the aforementioned transactions, the reporting person and the reporting person's spouse sold 31.9984% and 31.7984%, respectively, limited partnership interests in Elkmont to the IDGTs in a private transaction. The Elkmont limited partnership interests were sold to the IDGTs in exchange for the issuance of promissory notes in favor of the reporting person and the reporting person's spouse, in an aggregate amount equal to the fair market value of the partnership interests on November 30, 2021, as determined by an independent appraiser within 90 days of the transaction.