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SPS COMMERCE INC — Director's Dealing 2023
Nov 3, 2023
31171_dirs_2023-11-03_82335d95-c48a-4637-8f6c-7a5427388fbe.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2023-11-01
Reporting Person: WEHRWEIN SVEN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-01 | Common Stock | M | 732 | $51.80 | Acquired | 18119 | Direct |
| 2023-11-01 | Common Stock | M | 268 | $59.00 | Acquired | 18387 | Direct |
| 2023-11-01 | Common Stock | S | 880 | $160.3606 | Disposed | 17507 | Direct |
| 2023-11-01 | Common Stock | S | 120 | $161.1346 | Disposed | 17387 | Direct |
| 2023-11-02 | Common Stock | M | 500 | $59.00 | Acquired | 17887 | Direct |
| 2023-11-02 | Common Stock | S | 500 | $163.966 | Disposed | 17387 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-01 | Stock Option (right to buy) | $51.80 | M | 732 | Disposed | 2026-05-14 | Common Stock (732) | Direct |
| 2023-11-01 | Stock Option (right to buy) | $59.00 | M | 268 | Disposed | 2027-05-18 | Common Stock (268) | Direct |
| 2023-11-02 | Stock Option (right to buy) | $59.00 | M | 500 | Disposed | 2027-05-18 | Common Stock (500) | Direct |
Footnotes
F1: Reflects the weighted average price of 880 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023, with sales prices ranging from $160.08 to $161.07 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.
F2: Reflects the weighted average price of 120 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023, with sales prices ranging from $161.08 to $161.255 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 500 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023, with sales prices ranging from $163.51 to $164.225 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.
F5: This option shall vest in four equal installments on the last day of each fiscal quarter with the first vesting occurring on June 30, 2020, provided the reporting person remains a member of the board as of the vesting date.