SPS COMMERCE INC — Director's Dealing 2021

Aug 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2021-08-23

Reporting Person: Nelson Kimberly K. (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-23	Common Stock	M	38416	$24.04	Acquired	157018	Direct
2021-08-23	Common Stock	S	13276	$125.6421	Disposed	143742	Direct
2021-08-23	Common Stock	S	19313	$126.318	Disposed	124429	Direct
2021-08-23	Common Stock	S	5827	$127.2971	Disposed	118602	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-23	Employee Stock Option (right to buy)	$24.04	M	38416	Disposed	2023-02-05	Common Stock (38416)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	336.462	Indirect

Footnotes

F1: Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2021.

F2: Reflects the weighted average price of 13,276 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 23, 2021 with sales prices ranging from $124.98 to $125.97 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 19,313 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 23, 2021 with sales prices ranging from $125.98 to $126.97 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 5,827 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 23, 2021 with sales prices ranging from $126.98 to $127.77 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: Fully vested.