Sven Wehrwein - Aug 9, 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
Aug 9, 2024
Transactions value $
-$215,904
Form type
4
Date filed
8/13/2024, 04:44 PM
Previous filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $187K +2K +12.34% $93.40 18.2K Aug 9, 2024 Direct
transaction SPSC Common Stock Sale -$212K -1.06K -5.81% $200.40 17.2K Aug 9, 2024 Direct F1
transaction SPSC Common Stock Sale -$80.9K -400 -2.33% $202.14 16.8K Aug 9, 2024 Direct F2
transaction SPSC Common Stock Sale -$110K -542 -3.24% $202.63 16.2K Aug 9, 2024 Direct F3

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 -2K -69.93% $0.00 860 Aug 9, 2024 Common Stock 2K $93.40 Direct F4
* 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 1,058 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 9, 2024, with sales prices ranging from $200.25 to $201.21 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 400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 9, 2024, with sales prices ranging from $201.54 to $202.42 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 542 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 9, 2024, with sales prices ranging from $202.56 to $202.77 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 This option shall vest in four equal installments on the last day of each fiscal quarter with the first vesting occurring on June 30, 2021, provided the reporting person remains a member of the board as of the vesting date.