Sven Wehrwein - Aug 3, 2023 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
Director
Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Sven Wehrwein
Stock symbol
SPSC
Transactions as of
Aug 3, 2023
Transactions value $
$0
Form type
4
Date filed
8/7/2023, 04:45 PM
Previous filing
May 26, 2023
Next filing
Aug 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Award $0 +118 +0.65% $0.00 18.4K Aug 3, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred stock units will vest on the earlier of (a) immediately prior to the 2024 annual meeting of stockholders or (b) the one year anniversary of the grant date, provided the reporting person remains a member of the board as of the vesting date. The deferred stock units must be retained until completion of the reporting person's service on the board, and upon completion of such service, convert into an equal number of shares of our common stock. The reporting person may defer receipt of the shares for up to ten years after completion of service.