Kimberly K. Nelson - 26 Jan 2022 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
26 Jan 2022
Net transactions value
-$456,550
Form type
4
Filing time
28 Jan 2022, 15:19:32 UTC
Previous filing
25 Aug 2021
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Award $0 +11,228 +9.5% $0.000000 129,830 26 Jan 2022 Direct F1
transaction SPSC Common Stock Sale $180,789 -1,590 -1.2% $113.70 128,240 27 Jan 2022 Direct F2, F3
transaction SPSC Common Stock Sale $118,602 -1,031 -0.8% $115.04 127,209 27 Jan 2022 Direct F2, F4
transaction SPSC Common Stock Sale $86,214 -742 -0.58% $116.19 126,467 27 Jan 2022 Direct F2, F5
transaction SPSC Common Stock Sale $47,146 -400 -0.32% $117.86 126,067 27 Jan 2022 Direct F2, F6
transaction SPSC Common Stock Sale $23,799 -200 -0.16% $119.00 125,867 27 Jan 2022 Direct F2, F7
holding SPSC Common Stock 338 26 Jan 2022 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 19, 2019, the reporting person was granted performance stock units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were achieved for a three-year performance period of 2019-2021. As determined on January 26, 2022, based on actual performance, the reporting person earned the number of PSUs indicated, which PSUs were fully vested on that date.
F2 Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2021.
F3 Reflects the weighted average price of 1,590 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $113.32 to $114.24 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 1,031 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $114.53 to $115.44 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 742 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $115.65 to $116.54 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 400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $117.38 to $118.35 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.
F7 Reflects the weighted average price of 200 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $118.99 to $119.00 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.