SPS COMMERCE INC — Director's Dealing 2022

Mar 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2022-02-28

Reporting Person: Frome James J. (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-28	Common Stock	S	1442	$127.9583	Disposed	50785	Direct
2022-02-28	Common Stock	S	11603	$129.0792	Disposed	39182	Direct
2022-02-28	Common Stock	S	3153	$129.8279	Disposed	36029	Direct
2022-02-28	Common Stock	S	645	$130.4023	Disposed	35384	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	372.236	Indirect

Footnotes

F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 7, 2021.

F2: Reflects the weighted average price of 1,442 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 28, 2022 with sales prices ranging from $127.26 to $128.22 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 11,603 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 28, 2022 with sales prices ranging from $128.28 to $129.27 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 3,153 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 28, 2022 with sales prices ranging from $129.28 to $130.25 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.

F5: Reflects the weighted average price of 645 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 28, 2022 with sales prices ranging from $130.30 to $130.54 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.