SPS COMMERCE INC — Director's Dealing 2022

Mar 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2022-03-01

Reporting Person: Black Archie C. (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-01	Common Stock	S	1800	$124.9583	Disposed	68781	Direct
2022-03-01	Common Stock	S	2434	$126.0234	Disposed	66347	Direct
2022-03-01	Common Stock	S	2311	$127.1954	Disposed	64036	Direct
2022-03-01	Common Stock	S	1910	$128.3271	Disposed	62126	Direct
2022-03-01	Common Stock	S	3455	$129.1691	Disposed	58671	Direct
2022-03-01	Common Stock	S	1434	$130.1439	Disposed	57237	Direct
2022-03-01	Common Stock	S	965	$131.0001	Disposed	56272	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	374.142	Indirect

Footnotes

F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2021.

F2: Reflects the weighted average price of 1,800 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $124.62 to $125.39 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 2,434 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $125.64 to $126.58 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 2,311 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $126.64 to $127.58 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: Reflects the weighted average price of 1,910 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $127.69 to $128.64 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.

F6: Reflects the weighted average price of 3,455 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $128.69 to $129.66 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.

F7: Reflects the weighted average price of 1,434 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $129.72 to $130.45 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.

F8: Reflects the weighted average price of 965 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $130.79 to $131.25 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.