Tami Reller - 26 Mar 2025 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
Director
Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Tami Reller
Issuer symbol
SPSC
Transactions as of
26 Mar 2025
Net transactions value
+$244,535
Form type
4
Filing time
28 Mar 2025, 16:15:50 UTC
Previous filing
20 May 2024
Next filing
15 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $244,535 +6,570 +17% $37.22 44,130 26 Mar 2025 Direct F1, F2

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 -6,570 -100% $0.000000 0 26 Mar 2025 Common Stock 6,570 $37.22 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option was previously reported as an option for 3,285 shares of Common Stock at an exercise price of $74.43 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
F2 On July 25, 2019, the Issuer announced that its board of directors declared a two-for-one stock split of the Common Stock of the Issuer, effected in the form of a 100 percent stock dividend as of the record date on August 8, 2019. The stock split dividend was distributed on August 22, 2019, and at that time pursuant to anti-dilution provisions of the Issuer's 2010 Equity Incentive Plan, an option for 3,285 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 6,570 shares of Common Stock.
F3 Fully vested.