Sven Wehrwein - 01 Nov 2023 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
Director
Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Sven Wehrwein
Issuer symbol
SPSC
Transactions as of
01 Nov 2023
Net transactions value
-$159,207
Form type
4
Filing time
03 Nov 2023, 17:14:35 UTC
Previous filing
15 Aug 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $37,918 +732 +4.2% $51.80 18,119 01 Nov 2023 Direct
transaction SPSC Common Stock Options Exercise $15,812 +268 +1.5% $59.00 18,387 01 Nov 2023 Direct
transaction SPSC Common Stock Sale $141,117 -880 -4.8% $160.36 17,507 01 Nov 2023 Direct F1
transaction SPSC Common Stock Sale $19,336 -120 -0.69% $161.13 17,387 01 Nov 2023 Direct F2
transaction SPSC Common Stock Options Exercise $29,500 +500 +2.9% $59.00 17,887 02 Nov 2023 Direct
transaction SPSC Common Stock Sale $81,983 -500 -2.8% $163.97 17,387 02 Nov 2023 Direct F3

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 -732 -100% $0.000000* 0 01 Nov 2023 Common Stock 732 $51.80 Direct F4
transaction SPSC Stock Option (right to buy) Options Exercise $0 -268 -5.9% $0.000000 4,268 01 Nov 2023 Common Stock 268 $59.00 Direct F5
transaction SPSC Stock Option (right to buy) Options Exercise $0 -500 -12% $0.000000 3,768 02 Nov 2023 Common Stock 500 $59.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 880 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023, with sales prices ranging from $160.08 to $161.07 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.
F2 Reflects the weighted average price of 120 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023, with sales prices ranging from $161.08 to $161.255 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 500 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023, with sales prices ranging from $163.51 to $164.225 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 Fully vested.
F5 This option shall vest in four equal installments on the last day of each fiscal quarter with the first vesting occurring on June 30, 2020, provided the reporting person remains a member of the board as of the vesting date.