Kimberly K. Nelson - 10 Feb 2023 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
10 Feb 2023
Net transactions value
-$2,067,793
Form type
4
Filing time
14 Feb 2023, 16:39:16 UTC
Previous filing
07 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 Options Exercise $242,768 +8,717 +6.1% $27.85 151,839 10 Feb 2023 Direct F1
transaction SPSC Common Stock Sale $977,574 -6,679 -4.4% $146.37 145,160 10 Feb 2023 Direct F1, F2
transaction SPSC Common Stock Sale $265,939 -1,805 -1.2% $147.33 143,355 10 Feb 2023 Direct F1, F3
transaction SPSC Common Stock Sale $34,510 -233 -0.16% $148.11 143,122 10 Feb 2023 Direct F1, F4
transaction SPSC Common Stock Options Exercise $241,097 +8,657 +6% $27.85 151,779 13 Feb 2023 Direct F1
transaction SPSC Common Stock Sale $522,745 -3,567 -2.4% $146.55 148,212 13 Feb 2023 Direct F1, F5
transaction SPSC Common Stock Sale $750,151 -5,085 -3.4% $147.52 143,127 13 Feb 2023 Direct F1, F6
transaction SPSC Common Stock Sale $740 -5 -0% $148.04 143,122 13 Feb 2023 Direct F1
holding SPSC Common Stock 377 10 Feb 2023 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 -8,717 -30% $0.000000 20,787 10 Feb 2023 Common Stock 8,717 $27.85 Direct F1, F7
transaction SPSC Stock Option (right to buy) Options Exercise $0 -8,657 -42% $0.000000 12,130 13 Feb 2023 Common Stock 8,657 $27.85 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sales and stock option exercises effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2022.
F2 Reflects the weighted average price of 6,679 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 10, 2023 with sales prices ranging from $145.98 to $146.96 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 1,805 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 10, 2023 with sales prices ranging from $147.00 to $147.98 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 233 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 10, 2023 with sales prices ranging from $148.05 to $148.40 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 3,567 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 13, 2023 with sales prices ranging from $145.99 to $146.90 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.
F6 Reflects the weighted average price of 5,085 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 13, 2023 with sales prices ranging from $147.03 to $148.02 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 Fully vested.