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SPS COMMERCE INC Director's Dealing 2011

Jun 10, 2011

31171_dirs_2011-06-10_19dd6b9c-1699-47c6-88ca-4d6cf4444df9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2011-06-09

Reporting Person: ADAMS STREET PARTNERS LLC (10% Owner)
Reporting Person: BVCF IV LP (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-09 Common Stock S 1204327 $16.0 Disposed 0 Indirect

Footnotes

F1: Represents securities held directly by BVCF IV, L.P. Adams Street Partners, LLC, the sole general partner of BVCF IV, L.P., is deemed to have sole voting and investment power over the shares. Adams Street Partners, LLC disclaims any beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that Adams Street Partners, LLC is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.