Sven Wehrwein - Feb 14, 2024 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
Feb 14, 2024
Transactions value $
-$833,574
Form type
4
Date filed
2/16/2024, 05:06 PM
Previous filing
Nov 3, 2023
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $177K +3K +17.25% $59.00 20.4K Feb 14, 2024 Direct
transaction SPSC Common Stock Sale -$184K -958 -4.7% $192.22 19.4K Feb 14, 2024 Direct F1
transaction SPSC Common Stock Sale -$155K -800 -4.12% $193.64 18.6K Feb 14, 2024 Direct F2
transaction SPSC Common Stock Sale -$164K -842 -4.52% $194.88 17.8K Feb 14, 2024 Direct F3
transaction SPSC Common Stock Sale -$78.3K -400 -2.25% $195.71 17.4K Feb 14, 2024 Direct F4
transaction SPSC Common Stock Options Exercise $45.3K +768 +4.42% $59.00 18.2K Feb 15, 2024 Direct
transaction SPSC Common Stock Sale -$149K -768 -4.23% $194.08 17.4K Feb 15, 2024 Direct
transaction SPSC Common Stock Sale -$325K -1.64K -9.43% $198.41 15.7K Feb 15, 2024 Direct

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 -3K -79.62% $0.00 768 Feb 14, 2024 Common Stock 3K $59.00 Direct F5
transaction SPSC Stock Option (right to buy) Options Exercise $0 -768 -100% $0.00* 0 Feb 15, 2024 Common Stock 768 $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 958 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 14, 2024, with sales prices ranging from $192.03 to $192.65 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 800 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 14, 2024, with sales prices ranging from $193.31 to $194.17 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 842 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 14, 2024, with sales prices ranging from $194.32 to $195.23 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 Reflects the weighted average price of 400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 14, 2024, with sales prices ranging from $195.45 to $196.08 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.
F5 Fully vested.