SPS COMMERCE INC — Director's Dealing 2023

Dec 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2023-12-19

Reporting Person: Reaume Marty M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-19	Common Stock	M	3285	$37.22	Acquired	10668	Direct
2023-12-19	Common Stock	S	2307	$190.2917	Disposed	8361	Direct
2023-12-19	Common Stock	S	978	$191.3472	Disposed	7383	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-19	Stock Option (right to buy)	$37.22	M	3285	Disposed	2025-05-31	Common Stock (3285)	Direct

Footnotes

F1: Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2023.

F2: Reflects the weighted average price of 2,307 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on December 19, 2023 with sales prices ranging from $190.00 to $190.99 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.

F3: Reflects the weighted average price of 978 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on December 19, 2023 with sales prices ranging from $191.01 to $191.56 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: Fully vested.