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SPS COMMERCE INC — Director's Dealing 2014
Aug 7, 2014
31171_dirs_2014-08-07_559cbcad-d2a9-4c1c-95b9-142b9a272f12.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: 2014-08-05
Reporting Person: Frome James J. (EVP & Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-05 | Common Stock | M | 6135 | $12.00 | Acquired | 19277 | Direct |
| 2014-08-05 | Common Stock | S | 2857 | $54.47 | Disposed | 16420 | Direct |
| 2014-08-05 | Common Stock | S | 2278 | $55.1827 | Disposed | 14142 | Direct |
| 2014-08-05 | Common Stock | S | 1000 | $56.01 | Disposed | 13142 | Direct |
| 2014-08-06 | Common Stock | M | 9599 | $12.00 | Acquired | 22741 | Direct |
| 2014-08-06 | Common Stock | S | 3079 | $54.41 | Disposed | 19662 | Direct |
| 2014-08-06 | Common Stock | S | 6520 | $55.15 | Disposed | 13142 | Direct |
| 2014-08-07 | Common Stock | M | 3280 | $12.00 | Acquired | 16422 | Direct |
| 2014-08-07 | Common Stock | S | 3280 | $54.6764 | Disposed | 13142 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-08-05 | Employee Stock Option (right to buy) | $12.00 | M | 6135 | Disposed | 2020-04-26 | Common Stock (6135) | Direct |
| 2014-08-06 | Employee Stock Option (right to buy) | $12.00 | M | 9599 | Disposed | 2020-04-26 | Common Stock (9599) | Direct |
| 2014-08-07 | Employee Stock Option (right to buy) | $12.00 | M | 3280 | Disposed | 2020-04-26 | Common Stock (3280) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on May 5, 2014.
F2: Reflects the weighted average price of 2,857 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 5, 2014 with sales prices ranging from $53.83 to $54.83 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 2,278 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 5, 2014 with sales prices ranging from $54.85 to $55.74 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 1,000 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 5, 2014 with sales prices ranging from $55.86 to $56.35 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: Reflects the weighted average price of 3,079 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 6, 2014 with sales prices ranging from $53.73 to $54.70 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.
F6: Reflects the weighted average price of 6,520 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 6, 2014 with sales prices ranging from $54.78 to $55.67 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.
F7: Reflects the weighted average price of 3,280 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 7, 2014 with sales prices ranging from $54.26 to $55.12 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.
F8: Fully vested.