Robert Alvarez Form 4 BigCommerce / Robert Alvarez ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Alvarez Robert

(Last) (First) (Middle)

11305 FOUR POINTS DRIVE

BUILDING II, THIRD FLOOR

(Street)

AUSTIN TX 78726

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BigCommerce Holdings, Inc. [ BIGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy)	$3.03	12/16/2021		G(1)	V		129,557	11/30/2018(2)	11/30/2028	Series 1 Common Stock	266,666	$0.00	137,109	D
Non-Qualified Stock Option (Right to Buy)	$3.03	12/16/2021		G(1)	V	129,557		11/30/2018(2)	11/30/2028	Series 1 Common Stock	129,557	$0.00	129,557	I	By Robert Alvarez Gifting Trust
Non-Qualified Stock Option (Right to Buy)	$0.39	12/16/2021		G(3)	V		66,666	07/29/2016(2)	07/29/2026	Series 1 Common Stock	66,666	$0.00	0.00(4)	D
Non-Qualified Stock Option (Right to Buy)	$0.39	12/16/2021		G(3)	V	66,666		07/29/2016(2)	07/29/2026	Series 1 Common Stock	66,666	$0.00	66,666	I	By Robert Alvarez Gifting Trust

Explanation of Responses:

1. On December 16, 2021, the reporting person assigned 129,557 unexercised options to a family trust of which the reporting person's spouse is the trustee. The reporting person's spouse and members of his immediate family are the sole beneficiaries of the trust.

2. Option was immediately exercisable on the date of grant.

3. On December 16, 2021, the reporting person assigned 66,666 unexercised options to a family trust of which the reporting person's spouse is the trustee. The reporting person's spouse and members of his immediate family are the sole beneficiaries of the trust.

4. Due to an administrative error, the Form 3 filed for Mr. Alvarez on August 3, 2020, incorrectly reported the number of these Non-Qualified Stock Options held by Mr. Alvarez as 96,597 instead of 66,666.

Remarks:

	/s /Jeff Mengoli, Attorney-in-Fact for Robert Alvarez	12/17/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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