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Eggerton Lisa's Form 4/A amendment

Amended

Commerce.com, Inc. (CMRC) · filed Jun 30, 2023

Accession no.
0001562180-23-005574
Filed
Jun 30, 2023
Trade date
Jul 18, 2022
Filing delay
347 days
Rule 10b5-1 plan
Not checked
Original filed
Jul 20, 2022

This filing lists 1 derivative transaction. It carries over 4 transactions from the original filing that it did not restate. Open-market sales total $528.0K. It was filed 347 days after the trade.

This amendment restates part of 0001562180-22-005733 (filed Jul 20, 2022). The transactions it did not restate still count and are listed below.

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
Eggerton LisaCIK 0001617333Officer (Chief Marketing Officer)

Non-derivative securities (Table I)

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

This filing has no transactions of this kind.

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jul 18, 2022Series 1 Common StockMOption exerciseDisposed−21,000$0.00$015,522Direct

Carried over from the original filing

This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.

From 0001562180-22-005733 (filed Jul 20, 2022).

Non-derivative securities (Table I)

Non-derivative transactions carried over from 0001562180-22-005733
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 18, 2022Series 1 Common StockSSaleDisposed−11,114$17.24F2−$191,605.36106,228Direct
Jul 18, 2022Series 1 Common StockMOption exerciseAcquired+21,000$3.18+$66,780127,228Direct
Jul 18, 2022Series 1 Common StockSSaleDisposed−18,130$15.85F4−$287,360.5109,098Direct
Jul 18, 2022Series 1 Common StockSSaleDisposed−2,870$17.08F5−$49,019.6106,228Direct

Footnotes on the original

The footnotes that the prices of these transactions refer to on the original filing.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.0000 to $17.9999, 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.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.6800 to $16.6799, 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.

Referenced by the price of 1 transaction in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.7600 to $17.7599, 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.

Referenced by the price of 1 transaction in Table I.

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.

F1

The stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2021, and modified June 16, 2022.

F2

Option was immediately exercisable on the date of grant.

F3

On July 20, 2022, the reporting person filed a Form 4, which correctly reported the total number of such options held but inadvertently over-reported the portion of the options held by the reporting person for the benefit of the reporting person's ex-spouse pursuant to a domestic relations order. This amendment reports the corrected figures in columns 7 and 9.

F4

Options, which, pursuant to the terms of the Issuers equity incentive plan, are not transferable pursuant to a divorce decree, are held in the name of the reporting person for the benefit of the reporting persons ex-spouse pursuant to a divorce decree.

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