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Commerce.com, Inc. Director's Dealing 2021

Jul 12, 2021

33019_dirs_2021-07-12_5cabf0e1-80c4-47f4-bc11-bd46942c8ffa.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: 2021-07-08

Reporting Person: MURRAY STEVEN JOSEPH (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-07-08 Series 1 Common Stock S 38135.00 $70.0618 Disposed 1034356.00 Indirect
2021-07-09 Series 1 Common Stock S 248490.00 $70.4753 Disposed 785866.00 Indirect
2021-07-09 Series 1 Common Stock S 2206.00 $71.0086 Disposed 783660.00 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Series 1 Common Stock 288232.00 Indirect

Footnotes

F1: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2021.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.2100, 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 2 to this Form 4.

F3: The reported securities are held directly by Softbank Princeville Investments, L.P. ("Softbank Princeville"). The Reporting Person is the managing member of SB PV GP LLC, which is the general partner of SB PV GP, L.P., the general partner of Softbank Princeville. The Reporting Person may be deemed to have voting and dispositive power with respect to these shares. The Reporting Person disclaims beneficial ownership of the shares held by Softbank Princeville except to the extent of his pecuniary interest therein.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.9950, 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 4 to this Form 4.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.00 to $71.0500, 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 5 to this Form 4.

F6: The reported securities are held directly by Revolution Growth GP II, LP ("Revolution II GP"). The Reporting Person is the operating manager of Revolution Growth UGP II, LLC, the general partner of Revolution II GP, which is the general partner of Revolution II. The Reporting Person has voting power with respect to these shares and as a member of the investment committee of Revolution II GP, may be deemed to share dispositive power with respect to these shares. The Reporting Person disclaims beneficial ownership of the shares held by Revolution II GP except to the extent of his pecuniary interest therein.