Sven Wehrwein - Nov 1, 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
Nov 1, 2023
Transactions value $
-$159,207
Form type
4
Date filed
11/3/2023, 05:14 PM
Previous filing
Aug 15, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $37.9K +732 +4.21% $51.80 18.1K Nov 1, 2023 Direct
transaction SPSC Common Stock Options Exercise $15.8K +268 +1.48% $59.00 18.4K Nov 1, 2023 Direct
transaction SPSC Common Stock Sale -$141K -880 -4.79% $160.36 17.5K Nov 1, 2023 Direct F1
transaction SPSC Common Stock Sale -$19.3K -120 -0.69% $161.13 17.4K Nov 1, 2023 Direct F2
transaction SPSC Common Stock Options Exercise $29.5K +500 +2.88% $59.00 17.9K Nov 2, 2023 Direct
transaction SPSC Common Stock Sale -$82K -500 -2.8% $163.97 17.4K Nov 2, 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% $0.00* 0 Nov 1, 2023 Common Stock 732 $51.80 Direct F4
transaction SPSC Stock Option (right to buy) Options Exercise $0 -268 -5.91% $0.00 4.27K Nov 1, 2023 Common Stock 268 $59.00 Direct F5
transaction SPSC Stock Option (right to buy) Options Exercise $0 -500 -11.72% $0.00 3.77K Nov 2, 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.