Filing Details

Accession Number:
0001562180-21-007393
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-02 17:14:52
Reporting Period:
2021-11-30
Accepted Time:
2021-12-02 17:14:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1626450 Bigcommerce Holdings Inc. BIGC () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1513984 Brent Bellm 11305 Four Points Drive
Building Ii, Third Floor
Austin TX 78726
President Chief Exec Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Series 1 Common Stock Disposition 2021-08-12 237,588 $0.00 422,319 No 5 G Indirect By Brent Bellm through his partnership interests in Elkmont Ltd.
Series 1 Common Stock Disposition 2021-08-12 240,227 $0.00 419,680 No 5 G Indirect By Hilary Bellm through her partnership interests in Elkmont Ltd.
Series 1 Common Stock Acquisiton 2021-11-30 422,319 $0.00 659,907 No 4 P Indirect By Hilary Bellm 2021 Family Trust through its partnership interest in Elkmont Ltd.
Series 1 Common Stock Acquisiton 2021-11-30 419,680 $0.00 659,907 No 4 P Indirect By Brent Bellm Spousal Trust through its partnership interest in Elkmont Ltd.
Series 1 Common Stock Disposition 2021-11-30 422,319 $0.00 0 No 4 S Indirect By Brent Bellm through his partnership interests in Elkmont Ltd.
Series 1 Common Stock Disposition 2021-11-30 419,680 $0.00 0 No 4 S Indirect By Hilary Bellm through her partnership interests in Elkmont Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Indirect By Brent Bellm through his partnership interests in Elkmont Ltd.
No 5 G Indirect By Hilary Bellm through her partnership interests in Elkmont Ltd.
No 4 P Indirect By Hilary Bellm 2021 Family Trust through its partnership interest in Elkmont Ltd.
No 4 P Indirect By Brent Bellm Spousal Trust through its partnership interest in Elkmont Ltd.
No 4 S Indirect By Brent Bellm through his partnership interests in Elkmont Ltd.
No 4 S Indirect By Hilary Bellm through her partnership interests in Elkmont Ltd.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Series 1 Common Stock 100,389 Indirect By Mt. Eden Ltd.
Series 1 Common Stock 496,696 Indirect By Wild Basin, Ltd.
Series 1 Common Stock 0 Indirect By Hilary Bellm
Series 1 Common Stock 349,356 Direct
Footnotes
  1. 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.
  2. 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.
  3. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on August 18, 2021.
  4. 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.