Kimberly K. Nelson - Feb 16, 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 16, 2023
Transactions value $
-$173,538
Form type
4
Date filed
2/21/2023, 04:05 PM
Previous filing
Feb 14, 2023
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Award $0 +10.9K +7.62% $0.00 154K Feb 16, 2023 Direct F1
transaction SPSC Common Stock Sale -$138K -905 -0.59% $152.02 153K Feb 17, 2023 Direct F2, F3
transaction SPSC Common Stock Sale -$36K -235 -0.15% $153.00 153K Feb 17, 2023 Direct F2, F4
holding SPSC Common Stock 377 Feb 16, 2023 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU awards vest as to 25% of the units on February 16, 2024. The remaining units vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on the March 16, 2024).
F2 Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2022.
F3 Reflects the weighted average price of 905 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 17, 2023 with sales prices ranging from $151.30 to $152.29 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 235 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 17, 2023 with sales prices ranging from $152.53 to $153.36 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.