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SPS COMMERCE INC — Director's Dealing 2014
Feb 12, 2014
31171_dirs_2014-02-12_2f22aa95-e419-4a1d-bc0b-2a8dbfecbedf.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: 2014-02-10
Reporting Person: Frome James J. (EVP & Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-10 | Common Stock | A | 3982 | $0.00 | Acquired | 16228 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-10 | Employee Stock Option (Right to Buy) | $65.95 | A | 10009 | Acquired | 2024-02-10 | Common Stock (10009) | Direct |
Footnotes
F1: This reflects a restricted stock unit award. Each restricted stock unit represents a contingent right to receive one share of SPS Commerce, Inc. common stock. RSUs vest as to 25% of the units on February 10, 2015. The remaining units vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on the March 10, 2015).
F2: Options vest as to 25% of the shares on February 10, 2015. The remaining shares vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on March 10, 2015).