Kimberly K. Nelson - 12 Aug 2021 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
EVP & CFO
Signature
/s/ Jonathan R. Zimmerman, attorney-in-fact for Kimberly K. Nelson
Issuer symbol
SPSC
Transactions as of
12 Aug 2021
Net transactions value
-$2,481,134
Form type
4
Filing time
16 Aug 2021, 16:27:51 UTC
Previous filing
10 Aug 2021
Next filing
25 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $76,928 +3,200 +2.7% $24.04* 121,802 12 Aug 2021 Direct F1
transaction SPSC Common Stock Sale $365,059 -3,200 -2.6% $114.08 118,602 12 Aug 2021 Direct F1, F2
transaction SPSC Common Stock Options Exercise $579,628 +24,111 +20% $24.04* 142,713 13 Aug 2021 Direct F1
transaction SPSC Common Stock Sale $1,381,064 -12,076 -8.5% $114.36 130,637 13 Aug 2021 Direct F1, F3
transaction SPSC Common Stock Sale $1,391,567 -12,035 -9.2% $115.63 118,602 13 Aug 2021 Direct F1, F4
holding SPSC Common Stock 336 12 Aug 2021 By 401(k) Plan

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 Employee Stock Option (right to buy) Options Exercise $0 -3,200 -4.9% $0.000000 62,527 12 Aug 2021 Common Stock 3,200 $24.04 Direct F1, F5
transaction SPSC Employee Stock Option (right to buy) Options Exercise $0 -24,111 -39% $0.000000 38,416 13 Aug 2021 Common Stock 24,111 $24.04 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2021.
F2 Reflects the weighted average price of 3,200 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 12, 2021 with sales prices ranging from $114.02 to $114.30 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F3 Reflects the weighted average price of 12,076 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 13, 2021 with sales prices ranging from $114.02 to $115.00 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F4 Reflects the weighted average price of 12,035 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 13, 2021 with sales prices ranging from $115.13 to $116.02 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F5 Fully vested.