Chadwick Collins - Nov 2, 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
Stock symbol
SPSC
Transactions as of
Nov 2, 2023
Transactions value $
$0
Form type
4
Date filed
11/6/2023, 06:28 PM
Previous filing
Oct 2, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Award $0 +27.6K $0.00 27.6K Nov 2, 2023 Direct F1
transaction SPSC Common Stock Award $0 +12.3K +44.44% $0.00 39.8K Nov 2, 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.