Kimberly K. Nelson - 16 Feb 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: 16 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 18 Feb 2022, 15:09:34 UTC
Previous filing: 28 Jan 2022
Next filing: 28 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPSC	Common Stock	Award	$0	+9,880	+7.8%	$0.000000	135,747	16 Feb 2022	Direct	F1
holding	SPSC	Common Stock						342	16 Feb 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	RSU awards vest as to 25% of the units on February 16, 2023. The remaining units vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on the March 16, 2023).