Archie C. Black - 30 Nov 2022 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
CEO, Director
Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Archie C. Black
Issuer symbol
SPSC
Transactions as of
30 Nov 2022
Net transactions value
-$3,097,611
Form type
4
Filing time
02 Dec 2022, 15:58:26 UTC
Previous filing
17 Nov 2022
Next filing
27 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $46,669 +1,707 +3% $27.34 57,979 30 Nov 2022 Direct F1
transaction SPSC Common Stock Sale $230,713 -1,707 -2.9% $135.16 56,272 30 Nov 2022 Direct F1, F2
transaction SPSC Common Stock Options Exercise $674,423 +24,668 +44% $27.34 80,940 01 Dec 2022 Direct F1
transaction SPSC Common Stock Sale $3,587,990 -24,668 -30% $145.45 56,272 01 Dec 2022 Direct F1, F3
holding SPSC Common Stock 400 30 Nov 2022 By Son I
holding SPSC Common Stock 400 30 Nov 2022 By Son II
holding SPSC Common Stock 400 30 Nov 2022 By Son III
holding SPSC Common Stock 400 30 Nov 2022 By Son IV
holding SPSC Common Stock 374 30 Nov 2022 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 Stock Option (right to buy) Options Exercise $0 -1,707 -6.5% $0.000000 24,668 30 Nov 2022 Common Stock 1,707 $27.34 Direct F1, F4
transaction SPSC Stock Option (right to buy) Options Exercise $0 -24,668 -100% $0.000000* 0 01 Dec 2022 Common Stock 24,668 $27.34 Direct F1, F4
* 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 August 18, 2022.
F2 Reflects the weighted average price of 1,707 shares of Common Stock of the issuer sold by the reporting person in multiple transactions on November 30, 2022 with sales prices ranging from $135.00 to $135.31 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 24,668 shares of Common Stock of the issuer sold by the reporting person in multiple transactions on December 1, 2022 with sales prices ranging from $145.00 to $145.78 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 Fully vested.