Archie C. Black - 02 Feb 2023 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
02 Feb 2023
Net transactions value
-$1,350,443
Form type
4
Filing time
06 Feb 2023, 17:33:18 UTC
Previous filing
01 Feb 2023
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Sale $89,431 -641 -0.97% $139.52 65,211 02 Feb 2023 Direct F1, F2
transaction SPSC Common Stock Sale $693,549 -4,937 -7.6% $140.48 60,274 02 Feb 2023 Direct F1, F3
transaction SPSC Common Stock Sale $339,157 -2,398 -4% $141.43 57,876 02 Feb 2023 Direct F1, F4
transaction SPSC Common Stock Sale $228,306 -1,604 -2.8% $142.34 56,272 02 Feb 2023 Direct F1, F5
holding SPSC Common Stock 378 02 Feb 2023 By 401(k) Plan
holding SPSC Common Stock 400 02 Feb 2023 By Son I
holding SPSC Common Stock 400 02 Feb 2023 By Son II
holding SPSC Common Stock 400 02 Feb 2023 By Son III
holding SPSC Common Stock 400 02 Feb 2023 By Son IV
* 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 June 10, 2022.
F2 Reflects the weighted average price of 641 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2023 with sales prices ranging from $138.94 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.
F3 Reflects the weighted average price of 4,937 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2023 with sales prices ranging from $139.95 to $140.94 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 2,398 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2023 with sales prices ranging from $140.96 to $141.87 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 1,604 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2023 with sales prices ranging from $141.96 to $142.90 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.