Chadwick Collins - 02 Nov 2023 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
Chief Executive Officer, Director
Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Chadwick Collins
Issuer symbol
SPSC
Transactions as of
02 Nov 2023
Net transactions value
$0
Form type
4
Filing time
06 Nov 2023, 18:28:43 UTC
Previous filing
02 Oct 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Award $0 +27,578 $0.000000 27,578 02 Nov 2023 Direct F1
transaction SPSC Common Stock Award $0 +12,257 +44% $0.000000 39,835 02 Nov 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units that vest as to 25% of the units on the first anniversary of the grant date. The remaining units vest in a series of 36 successive equal monthly installments upon completion of each additional month of service.
F2 Restricted stock units that vest as to 50% of the units on the first anniversary of the grant date. The remaining units vest in a series of 12 successive equal monthly installments upon completion of each additional month of service.