SPS COMMERCE INC — Director's Dealing 2022

Feb 24, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2022-02-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-22	Common Stock	S	4970	$122.8022	Disposed	79919	Direct
2022-02-22	Common Stock	S	6402	$123.6135	Disposed	73517	Direct
2022-02-22	Common Stock	S	2631	$124.7411	Disposed	70886	Direct
2022-02-22	Common Stock	S	305	$125.52	Disposed	70581	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	345.374	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 4,970 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2022 with sales prices ranging from $122.29 to $123.26 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 6,402 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2022 with sales prices ranging from $123.29 to $124.25 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.

F4: Reflects the weighted average price of 2,631 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2022 with sales prices ranging from $124.29 to $125.25 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 305 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2022 with sales prices ranging from $125.50 to $125.55 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.