SPS COMMERCE INC — Director's Dealing 2022

Feb 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2022-02-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-24	Common Stock	S	400	$121.3945	Disposed	59232	Direct
2022-02-24	Common Stock	S	1586	$122.4735	Disposed	57646	Direct
2022-02-24	Common Stock	S	1700	$123.3507	Disposed	55946	Direct
2022-02-24	Common Stock	S	1005	$124.7835	Disposed	54941	Direct
2022-02-24	Common Stock	S	2714	$126.3056	Disposed	52227	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	341.798	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 400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 24, 2022 with sales prices ranging from $120.83 to $121.76 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 1,586 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 24, 2022 with sales prices ranging from $121.98 to $122.97 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 1,700 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 24, 2022 with sales prices ranging from $123.01 to $123.67 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 1,005 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 24, 2022 with sales prices ranging from $124.50 to $125.27 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.

F6: Reflects the weighted average price of 2,714 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 24, 2022 with sales prices ranging from $125.85 to $126.59 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.