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SPS COMMERCE INC — Director's Dealing 2021
Feb 23, 2021
31171_dirs_2021-02-23_63491b54-b683-4421-89e2-462fe63bb19a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2021-02-19
Reporting Person: Black Archie C. (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-19 | Common Stock | A | 21631 | $0.00 | Acquired | 127201 | Direct |
| 2021-02-22 | Common Stock | S | 3815 | $108.5994 | Disposed | 123386 | Direct |
| 2021-02-22 | Common Stock | S | 14387 | $109.3636 | Disposed | 108999 | Direct |
| 2021-02-22 | Common Stock | S | 137 | $110.03 | Disposed | 108862 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 400 | Indirect |
| Common Stock | 400 | Indirect |
| Common Stock | 400 | Indirect |
| Common Stock | 400 | Indirect |
| Common Stock | 305.174 | Indirect |
Footnotes
F1: RSU awards vest as to 25% of the units on February 19, 2022. The remaining units vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on the March 19, 2022).
F2: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2020.
F3: Reflects the weighted average price of 3,815 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2021 with sales prices ranging from $108.01 to $109.00 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 14,387 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2021 with sales prices ranging from $109.02 to $109.99 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.