Archie C. Black - 10 Nov 2021 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Archie C. Black
Issuer symbol
SPSC
Transactions as of
10 Nov 2021
Net transactions value
-$5,759,904
Form type
4
Filing time
12 Nov 2021, 17:26:00 UTC
Previous filing
20 May 2021
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $1,303,464 +46,803 +71% $27.85 112,266 10 Nov 2021 Direct F1
transaction SPSC Common Stock Sale $3,855,794 -27,548 -25% $139.97 84,718 10 Nov 2021 Direct F1, F2
transaction SPSC Common Stock Sale $1,830,569 -12,995 -15% $140.87 71,723 10 Nov 2021 Direct F1, F3
transaction SPSC Common Stock Sale $264,773 -1,867 -2.6% $141.82 69,856 10 Nov 2021 Direct F1, F4
transaction SPSC Common Stock Sale $443,333 -3,100 -4.4% $143.01 66,756 10 Nov 2021 Direct F1, F5
transaction SPSC Common Stock Sale $185,665 -1,293 -1.9% $143.59 65,463 10 Nov 2021 Direct F1, F6
transaction SPSC Common Stock Options Exercise $118,335 +4,249 +6.5% $27.85 69,712 11 Nov 2021 Direct F1
transaction SPSC Common Stock Sale $97,713 -700 -1% $139.59 69,012 11 Nov 2021 Direct F1, F7
transaction SPSC Common Stock Sale $212,075 -1,502 -2.2% $141.20 67,510 11 Nov 2021 Direct F1, F8
transaction SPSC Common Stock Sale $99,251 -700 -1% $141.79 66,810 11 Nov 2021 Direct F1, F9
transaction SPSC Common Stock Sale $192,528 -1,347 -2% $142.93 65,463 11 Nov 2021 Direct F1, F10
holding SPSC Common Stock 400 10 Nov 2021 By Son I
holding SPSC Common Stock 400 10 Nov 2021 By Son II
holding SPSC Common Stock 400 10 Nov 2021 By Son III
holding SPSC Common Stock 400 10 Nov 2021 By Son IV
holding SPSC Common Stock 338 10 Nov 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 -46,803 -92% $0.000000 4,249 10 Nov 2021 Common Stock 46,803 $27.85 Direct F1, F11
transaction SPSC Employee Stock Option (right to buy) Options Exercise $0 -4,249 -100% $0.000000* 0 11 Nov 2021 Common Stock 4,249 $27.85 Direct F1, F11
* 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 September 3, 2021.
F2 Reflects the weighted average price of 27,548 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 10, 2021 with sales prices ranging from $139.41 to $140.40 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 12,995 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 10, 2021 with sales prices ranging from $140.41 to $141.40 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 1,867 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 10, 2021 with sales prices ranging from $141.42 to $142.35 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 Reflects the weighted average price of 3,100 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 10, 2021 with sales prices ranging from $142.48 to $143.41 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.
F6 Reflects the weighted average price of 1,293 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 10, 2021 with sales prices ranging from $143.48 to $144.07 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.
F7 Reflects the weighted average price of 700 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 11, 2021 with sales prices ranging from $139.25 to $139.91 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.
F8 Reflects the weighted average price of 1,502 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 11, 2021 with sales prices ranging from $140.45 to $141.42 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
F9 Reflects the weighted average price of 700 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 11, 2021 with sales prices ranging from $141.50 to $142.38 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
F10 Reflects the weighted average price of 1,347 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 11, 2021 with sales prices ranging from $142.64 to $143.28 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
F11 Fully vested.