SPS COMMERCE INC — Director's Dealing 2021

Aug 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2021-08-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-12	Common Stock	M	3200	$24.04	Acquired	121802	Direct
2021-08-12	Common Stock	S	3200	$114.0808	Disposed	118602	Direct
2021-08-13	Common Stock	M	24111	$24.04	Acquired	142713	Direct
2021-08-13	Common Stock	S	12076	$114.3644	Disposed	130637	Direct
2021-08-13	Common Stock	S	12035	$115.6267	Disposed	118602	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-12	Employee Stock Option (right to buy)	$24.04	M	3200	Disposed	2023-02-05	Common Stock (3200)	Direct
2021-08-13	Employee Stock Option (right to buy)	$24.04	M	24111	Disposed	2023-02-05	Common Stock (24111)	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 3,200 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 12, 2021 with sales prices ranging from $114.02 to $114.30 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 12,076 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 13, 2021 with sales prices ranging from $114.02 to $115.00 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 12,035 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 13, 2021 with sales prices ranging from $115.13 to $116.02 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.