Sven Wehrwein - May 19, 2021 Form 4/A - Amendment Insider Report for SPS COMMERCE INC (SPSC)

Role
Director
Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Sven A. Wehrwein
Stock symbol
SPSC
Transactions as of
May 19, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
5/25/2021, 09:04 PM
Date Of Original Report
May 21, 2021
Previous filing
May 20, 2021
Next filing
May 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Award $0 +936 +5.88% $0.00 16.8K May 19, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPSC Stock Option (right to buy) Award $0 +2.86K $0.00 2.86K May 19, 2021 Common Stock 2.86K $93.40 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred stock units will vest in four equal installments on the last day of each fiscal quarter with the first vesting occurring on June 30, 2021, provided the reporting person remains a member of the board as of the vesting date. The deferred stock units must be retained until completion of the reporting person's service on the board, and upon completion of such service, convert into an equal number of shares of our common stock. The reporting person may defer receipt of the shares for up to ten years after completion of service.
F2 This amendment corrects the amounts reported on Form 4 filed on May 21, 2021.
F3 This option shall vest in four equal installments on the last day of each fiscal quarter with the first vesting occurring on June 30, 2021, provided the reporting person remains a member of the board as of the vesting date.