SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Vaillancourt Paul

(Last) (First) (Middle)
C/O BIGCOMMERCE HOLDINGS, INC.
11305 FOUR POINTS DR, BLDG II, 3RD FLOOR

(Street)
AUSTIN TX 78726

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/04/2020
3. Issuer Name and Ticker or Trading Symbol
BigCommerce Holdings, Inc. [ BIGC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Services Officer
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series 1 Common Stock 46,218(1) D
Series 1 Common Stock 191,559 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) 11/30/2018(2) 11/30/2028 Series 1 Common Stock 100,000 3.03 D
Explanation of Responses:
1. 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.
2. Option was immediately exercisable on the date of grant.
Remarks:
/s/ Jeff Mengoli as Attorney-in-Fact for Leo Paul Vaillancourt 08/04/2020
** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
                               POWER OF ATTORNEY
                       FOR SECTION 16 REPORTING PURPOSES

      Know all by these presents, that the undersigned hereby constitutes and

appoints each of Jeff Mengoli, Chuck Cassidy and Justin Bowes, or any of them
signing singly, and with full power of substitution, as the undersigned's true
and lawful attorney-in-fact to:

      (1)    prepare and execute for and on behalf of the undersigned Forms 3, 4
             and 5 in accordance with Section 16(a) of the Securities Exchange
             Act of 1934 and the rules thereunder, and any other forms or
             reports the undersigned may be required to file in connection with
             the undersigned's ownership, acquisition or disposition of
             securities of BigCommerce Holdings, Inc. (the "Company");

      (2)    do and perform any and all acts for and on behalf of the
             undersigned that may be necessary or desirable to complete and
             execute any such Form 3, 4 or 5, or other form or report, and
             timely file such form or report with the United States Securities
             and Exchange Commission and any stock exchange or similar
             authority; and

      (3)    take any other action of any type whatsoever in connection with the
             foregoing that, in the opinion of such attorney-in-fact, may be of
             benefit to, in the best interest of or legally required by the
             undersigned, it being understood that the documents executed by
             such attorney-in-fact on behalf of the undersigned pursuant to this
             Power of Attorney shall be in such form and shall contain such
             terms and conditions as such attorney-in-fact may approve in such
             attorney-in-fact's discretion.

      The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this power of attorney and the rights and powers herein
granted.  The undersigned acknowledges that the foregoing attorney-in-fact, in
serving in such capacity at the request of the undersigned, is not assuming, nor
is the Company assuming, any of the undersigned's responsibilities to comply
with Section 16 of the Securities Exchange Act of 1934.

      This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

      IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 16th day of July, 2020.


                                              /s/ Paul Vaillancourt
                                       -----------------------------------
                                       Name:   Paul Vaillancourt