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Bellm Brent's Form 4 filing

Commerce.com, Inc. (CMRC) · filed Dec 2, 2021

Accession no.
0001562180-21-007393
Filed
Dec 2, 2021
Trade date
Aug 12-Nov 30, 2021
Filing delay
112 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 6 non-derivative transactions. It was filed 112 days after the trade, past the 2-business-day deadline.

This filing was later replaced by the amendment 0001562180-22-002044 (Mar 1, 2022). Trade tables on this site use the amended version.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Bellm BrentCIK 0001513984Director, Officer (President Chief Exec Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 12, 2021Series 1 Common StockGGiftDisposed−237,588$0.00$0422,319Indirect
Aug 12, 2021Series 1 Common StockGGiftDisposed−240,227$0.00$0419,680Indirect
Nov 30, 2021Series 1 Common StockPPurchaseAcquired+422,319–F4–659,907Indirect
Nov 30, 2021Series 1 Common StockPPurchaseAcquired+419,680–F4–659,907Indirect
Nov 30, 2021Series 1 Common StockSSaleDisposed−422,319–F4–0Indirect
Nov 30, 2021Series 1 Common StockSSaleDisposed−419,680–F4–0Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

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.

Referenced by the price of 4 transactions in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)