Kimberly K. Nelson - Aug 12, 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
Stock symbol
SPSC
Transactions as of
Aug 12, 2021
Transactions value $
-$2,481,134
Form type
4
Date filed
8/16/2021, 04:27 PM
Previous filing
Aug 10, 2021
Next filing
Aug 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $76.9K +3.2K +2.7% $24.04* 122K Aug 12, 2021 Direct F1
transaction SPSC Common Stock Sale -$365K -3.2K -2.63% $114.08 119K Aug 12, 2021 Direct F1, F2
transaction SPSC Common Stock Options Exercise $580K +24.1K +20.33% $24.04* 143K Aug 13, 2021 Direct F1
transaction SPSC Common Stock Sale -$1.38M -12.1K -8.46% $114.36 131K Aug 13, 2021 Direct F1, F3
transaction SPSC Common Stock Sale -$1.39M -12K -9.21% $115.63 119K Aug 13, 2021 Direct F1, F4
holding SPSC Common Stock 336 Aug 12, 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 -3.2K -4.87% $0.00 62.5K Aug 12, 2021 Common Stock 3.2K $24.04 Direct F1, F5
transaction SPSC Employee Stock Option (right to buy) Options Exercise $0 -24.1K -38.56% $0.00 38.4K Aug 13, 2021 Common Stock 24.1K $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.