BigCommerce Holdings, Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: CMRC · Form: DEF 14A · Filed: Apr 3, 2024 · CIK: 1626450
Sentiment: neutral
Topics: Proxy Statement, DEF 14A, BigCommerce Holdings, Executive Compensation, Corporate Governance
TL;DR
<b>BigCommerce Holdings, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the fiscal year ending December 31, 2023.</b>
AI Summary
BigCommerce Holdings, Inc. (CMRC) filed a Proxy Statement (DEF 14A) with the SEC on April 3, 2024. Filing type: DEF 14A (Definitive Proxy Statement). Reporting period: Fiscal year ending December 31, 2023. Filed as of date: April 3, 2024. Company name: BigCommerce Holdings, Inc. Standard Industrial Classification: SERVICES-PREPACKAGED SOFTWARE [7372].
Why It Matters
For investors and stakeholders tracking BigCommerce Holdings, Inc., this filing contains several important signals. This filing provides detailed information regarding the company's annual meeting of stockholders, including proposals to be voted on, executive compensation, and director nominations. Investors can use this document to understand the company's governance, executive pay structure, and strategic direction as presented by management.
Risk Assessment
Risk Level: low — BigCommerce Holdings, Inc. shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic changes, indicating a low level of immediate risk.
Analyst Insight
Review the executive compensation details and any shareholder proposals to understand potential impacts on corporate governance and future strategy.
Key Numbers
- 2024-04-03 — Filing Date (Date the DEF 14A was filed.)
- 2024-05-16 — Conformed Period of Report (The period the filing is reported as of.)
- 2023-12-31 — Fiscal Year End (The end date of the company's fiscal year.)
- 2021-01-01 — Prior Fiscal Year Start (Start date of a prior fiscal year mentioned.)
- 2021-12-31 — Prior Fiscal Year End (End date of a prior fiscal year mentioned.)
- 2020-01-01 — Earlier Fiscal Year Start (Start date of an earlier fiscal year mentioned.)
- 2020-12-31 — Earlier Fiscal Year End (End date of an earlier fiscal year mentioned.)
- 2022-01-01 — Another Prior Fiscal Year Start (Start date of another prior fiscal year mentioned.)
Key Players & Entities
- BigCommerce Holdings, Inc. (company) — Filer name
- 462707656 (company) — IRS number
- DE (company) — State of incorporation
- 11305 FOUR POINTS DR, BLDG 2, SUITE 100 (company) — Business address street 1
- AUSTIN (company) — Business address city
- TX (company) — Business address state
- 78726 (company) — Business address zip
- 1-888-699-8911 (company) — Business phone
FAQ
When did BigCommerce Holdings, Inc. file this DEF 14A?
BigCommerce Holdings, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 3, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by BigCommerce Holdings, Inc. (CMRC).
Where can I read the original DEF 14A filing from BigCommerce Holdings, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by BigCommerce Holdings, Inc..
What are the key takeaways from BigCommerce Holdings, Inc.'s DEF 14A?
BigCommerce Holdings, Inc. filed this DEF 14A on April 3, 2024. Key takeaways: Filing type: DEF 14A (Definitive Proxy Statement).. Reporting period: Fiscal year ending December 31, 2023.. Filed as of date: April 3, 2024..
Is BigCommerce Holdings, Inc. a risky investment based on this filing?
Based on this DEF 14A, BigCommerce Holdings, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic changes, indicating a low level of immediate risk.
What should investors do after reading BigCommerce Holdings, Inc.'s DEF 14A?
Review the executive compensation details and any shareholder proposals to understand potential impacts on corporate governance and future strategy. The overall sentiment from this filing is neutral.
Key Dates
- 2024-04-03: Filing Date — The date the DEF 14A was officially filed with the SEC.
- 2024-05-16: Report Date — The date as of which the report is considered.
- 2023-12-31: Fiscal Year End — Marks the end of the reporting period for financial data.
Filing Stats: 4,746 words · 19 min read · ~16 pages · Grade level 10.8 · Accepted 2024-04-03 16:16:18
Key Financial Figures
- $0.0001 — pany's Series 1 common stock, par value $0.0001 per share (the "common stock") At the
- $20,000 — at the fees of such firm could be up to $20,000, plus out-of-pocket expenses, all of wh
Filing Documents
- d819212ddef14a.htm (DEF 14A) — 924KB
- g819212g17j06.jpg (GRAPHIC) — 2KB
- g819212g79s84.jpg (GRAPHIC) — 11KB
- g819212g93b77.jpg (GRAPHIC) — 2KB
- g819212snap1.jpg (GRAPHIC) — 1KB
- g819212snap2.jpg (GRAPHIC) — 4KB
- g819212snap3.jpg (GRAPHIC) — 34KB
- g819212snap4.jpg (GRAPHIC) — 29KB
- g819212snap5.jpg (GRAPHIC) — 29KB
- 0001193125-24-086006.txt ( ) — 1830KB
- bigc-20231231.xsd (EX-101.SCH) — 6KB
- bigc-20231231_def.xml (EX-101.DEF) — 6KB
- bigc-20231231_lab.xml (EX-101.LAB) — 10KB
- bigc-20231231_pre.xml (EX-101.PRE) — 6KB
- d819212ddef14a_htm.xml (XML) — 131KB
EXECUTIVE COMPENSATION TABLES
EXECUTIVE COMPENSATION TABLES 30 NARRATIVE TO SUMMARY COMPENSATION TABLE AND GRANTS OF PLAN-BASED AWARDS TABLE 32 2023 DIRECTOR COMPENSATION 38 CEO PAY RATIO 40 PAY VERSUS PERFORMANCE 41 EQUITY COMPENSATION PLAN INFORMATION 45
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 47 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 49 STOCKHOLDER PROPOSALS 50 STOCKHOLDERS SHARING THE SAME LAST NAME AND ADDRESS 50 OTHER MATTERS 51 AVAILABLE INFORMATION 51 APPENDIX A A-1 Table of Contents BIGCOMMERCE HOLDINGS, INC. 11305 Four Points Drive, Building II, Suite 100 Austin, Texas 78726 PROXY STATEMENT SUMMARY This proxy statement (the "Proxy Statement") is furnished in connection with the solicitation of proxies by the Board of Directors (the "Board of Directors" or the "Board") of BigCommerce Holdings, Inc., a Delaware corporation, for use at the 2024 annual meeting of stockholders. This Proxy Statement and related materials are first being mailed to stockholders on or about April 3, 2024. References in this Proxy Statement to "we," "us," "our," or the "Company" refer to BigCommerce Holdings, Inc. and its consolidated subsidiaries, and references to the "Annual Meeting" are to the 2024 annual meeting of stockholders. When we refer to the Company's fiscal year, we mean the annual period ended on December 31, 2023. This Proxy Statement covers our 2023 fiscal year, which was from January 1, 2023 through December 31, 2023, or fiscal 2023. Certain information contained in this Proxy Statement is incorporated by reference into Part III of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as filed by the Company with the U.S. Securities and Exchange Commission, or SEC, on February 29, 2024. This summary highlights information contained elsewhere in this Proxy Statement and does not contain all of the information that you should consider. You should read the entire Proxy Statement carefully before voting. Our Annual Meeting Date and Time May 16, 2024 at 8:00 a.m. CDT Place Virtually at www.virtualshareholdermeeting.com/BIGC 2024 Record Date March 20, 2024 Who Can Vote Only owners of record of the Company's issu