Kimberly K. Nelson - Aug 23, 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 23, 2021
Transactions value $
-$3,925,844
Form type
4
Date filed
8/25/2021, 04:17 PM
Previous filing
Aug 16, 2021
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $924K +38.4K +32.39% $24.04* 157K Aug 23, 2021 Direct F1
transaction SPSC Common Stock Sale -$1.67M -13.3K -8.46% $125.64 144K Aug 23, 2021 Direct F1, F2
transaction SPSC Common Stock Sale -$2.44M -19.3K -13.44% $126.32 124K Aug 23, 2021 Direct F1, F3
transaction SPSC Common Stock Sale -$742K -5.83K -4.68% $127.30 119K Aug 23, 2021 Direct F1, F4
holding SPSC Common Stock 336 Aug 23, 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 -38.4K -100% $0.00* 0 Aug 23, 2021 Common Stock 38.4K $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 13,276 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 23, 2021 with sales prices ranging from $124.98 to $125.97 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 19,313 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 23, 2021 with sales prices ranging from $125.98 to $126.97 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 5,827 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 23, 2021 with sales prices ranging from $126.98 to $127.77 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.