Kimberly K. Nelson - Feb 10, 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
Stock symbol
SPSC
Transactions as of
Feb 10, 2023
Transactions value $
-$2,067,793
Form type
4
Date filed
2/14/2023, 04:39 PM
Previous filing
Feb 7, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $243K +8.72K +6.09% $27.85 152K Feb 10, 2023 Direct F1
transaction SPSC Common Stock Sale -$978K -6.68K -4.4% $146.37 145K Feb 10, 2023 Direct F1, F2
transaction SPSC Common Stock Sale -$266K -1.81K -1.24% $147.33 143K Feb 10, 2023 Direct F1, F3
transaction SPSC Common Stock Sale -$34.5K -233 -0.16% $148.11 143K Feb 10, 2023 Direct F1, F4
transaction SPSC Common Stock Options Exercise $241K +8.66K +6.05% $27.85 152K Feb 13, 2023 Direct F1
transaction SPSC Common Stock Sale -$523K -3.57K -2.35% $146.55 148K Feb 13, 2023 Direct F1, F5
transaction SPSC Common Stock Sale -$750K -5.09K -3.43% $147.52 143K Feb 13, 2023 Direct F1, F6
transaction SPSC Common Stock Sale -$740 -5 0% $148.04 143K Feb 13, 2023 Direct F1
holding SPSC Common Stock 377 Feb 10, 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 -8.72K -29.55% $0.00 20.8K Feb 10, 2023 Common Stock 8.72K $27.85 Direct F1, F7
transaction SPSC Stock Option (right to buy) Options Exercise $0 -8.66K -41.65% $0.00 12.1K Feb 13, 2023 Common Stock 8.66K $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.