SPS COMMERCE INC — Director's Dealing 2018

Sep 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2018-09-12

Reporting Person: LEESTMA MARTIN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-12	Common Stock	M	16020	$12.00	Acquired	20935	Direct
2018-09-12	Common Stock	M	2672	$27.55	Acquired	23607	Direct
2018-09-12	Common Stock	M	2644	$48.66	Acquired	26251	Direct
2018-09-17	Common Stock	S	5316	$99.346	Disposed	20935	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-12	Stock Option (right to buy)	$12.00	M	16020	Disposed	2020-04-26	Common Stock (16020)	Direct
2018-09-12	Stock Option (right to buy)	$27.55	M	2672	Disposed	2019-05-23	Common Stock (2672)	Direct
2018-09-12	Stock Option (right to buy)	$48.66	M	2644	Disposed	2020-05-14	Common Stock (2644)	Direct

Footnotes

F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2018.

F2: Reflects the weighted average price of 5,316 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on September 17, 2018 with sales prices ranging from $99.2725 to $99.5250 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: Fully vested.