SPS COMMERCE INC — Director's Dealing 2020

May 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2020-05-26

Reporting Person: SORAN PHILIP (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-26	Common Stock	M	8020	$5.07	Acquired	23930	Direct
2020-05-26	Common Stock	S	8020	$65.00	Disposed	15910	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-26	Stock Option (right to buy)	$5.07	M	8020	Disposed	2020-07-19	Common Stock (8020)	Direct

Footnotes

F1: Stock option exercise and sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 22, 2019.

F2: Fully vested.