SPS COMMERCE INC — Director's Dealing 2015

Nov 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2015-10-29

Reporting Person: Frome James J. (EVP & Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-29	Common Stock	M	2606	$16.64	Acquired	17883	Direct
2015-10-29	Common Stock	S	2606	$71.6756	Disposed	15277	Direct
2015-10-30	Common Stock	M	5250	$16.64	Acquired	20527	Direct
2015-10-30	Common Stock	S	5250	$71.7912	Disposed	15277	Direct
2015-11-02	Common Stock	M	11174	$16.64	Acquired	26451	Direct
2015-11-02	Common Stock	S	11174	$72.7358	Disposed	15277	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-29	Employee Stock Option (right to buy)	$16.64	M	2606	Disposed	2021-02-10	Common Stock (2606)	Direct
2015-10-30	Employee Stock Option (right to buy)	$16.64	M	5250	Disposed	2021-02-10	Common Stock (5250)	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.

F2: This Option vests as to 25% of the shares on the one year anniversary of grant with the remaining shares vesting in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing March 11, 2012).