Archie C. Black - 22 Feb 2022 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
22 Feb 2022
Net transactions value
-$1,768,178
Form type
4
Filing time
24 Feb 2022, 15:18:14 UTC
Previous filing
18 Feb 2022
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Sale $610,327 -4,970 -5.9% $122.80 79,919 22 Feb 2022 Direct F1, F2
transaction SPSC Common Stock Sale $791,374 -6,402 -8% $123.61 73,517 22 Feb 2022 Direct F1, F3
transaction SPSC Common Stock Sale $328,194 -2,631 -3.6% $124.74 70,886 22 Feb 2022 Direct F1, F4
transaction SPSC Common Stock Sale $38,284 -305 -0.43% $125.52 70,581 22 Feb 2022 Direct F1, F5
holding SPSC Common Stock 400 22 Feb 2022 By Son I
holding SPSC Common Stock 400 22 Feb 2022 By Son II
holding SPSC Common Stock 400 22 Feb 2022 By Son III
holding SPSC Common Stock 400 22 Feb 2022 By Son IV
holding SPSC Common Stock 345 22 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 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 4,970 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2022 with sales prices ranging from $122.29 to $123.26 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 6,402 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2022 with sales prices ranging from $123.29 to $124.25 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 2,631 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2022 with sales prices ranging from $124.29 to $125.25 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 305 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2022 with sales prices ranging from $125.50 to $125.55 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.