James B. Ramsey - May 22, 2024 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
Director
Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for James B. Ramsey
Stock symbol
SPSC
Transactions as of
May 22, 2024
Transactions value $
-$1,028,901
Form type
4
Date filed
5/24/2024, 04:18 PM
Previous filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $244K +6.57K +44.59% $37.22 21.3K May 22, 2024 Direct
transaction SPSC Common Stock Sale -$337K -1.75K -8.22% $192.52 19.5K May 22, 2024 Direct F1
transaction SPSC Common Stock Sale -$387K -2K -10.23% $193.51 17.5K May 22, 2024 Direct F2
transaction SPSC Common Stock Sale -$314K -1.62K -9.21% $194.71 15.9K May 22, 2024 Direct F3
transaction SPSC Common Stock Sale -$235K -1.2K -7.54% $195.46 14.7K May 22, 2024 Direct F4

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 -6.57K -100% $0.00* 0 May 22, 2024 Common Stock 6.57K $37.22 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 1,751 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on May 22, 2024 with sales prices ranging from $191.99 to $192.88 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 2,000 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on May 22, 2024 with sales prices ranging from $193.09 to $194.0209 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 1,615 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on May 22, 2024 with sales prices ranging from $194.11 to $195.0926 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 1,201 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on May 22, 2024 with sales prices ranging from $195.27 to $195.67 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.