Kimberly K. Nelson - Feb 22, 2024 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
EVP & CFO
Signature
/s/ Jonathan R. Zimmerman, attorney-in-fact for Kimberly K. Nelson
Stock symbol
SPSC
Transactions as of
Feb 22, 2024
Transactions value $
-$1,194,015
Form type
4
Date filed
2/26/2024, 06:00 PM
Previous filing
Feb 20, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Sale -$1.09M -5.97K -3.89% $183.17 148K Feb 22, 2022 Direct F1, F2
transaction SPSC Common Stock Sale -$82.9K -451 -0.31% $183.83 147K Feb 22, 2024 Direct F1, F3
transaction SPSC Common Stock Sale -$18.5K -100 -0.07% $185.23 147K Feb 22, 2024 Direct F1
holding SPSC Common Stock 409 Feb 22, 2024 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Adoption date of referenced 10b5-1(c) plan is: 08/01/2023.
F2 Reflects the weighted average price of 5,965 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2024 with sales prices ranging from $182.73 to $183.70 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 451 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2024 with sales prices ranging from $183.745 to $183.95 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.