SPS COMMERCE INC — Director's Dealing 2023

Feb 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2023-02-22

Reporting Person: Nelson Kimberly K. (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-22	Common Stock	S	1350	$146.0083	Disposed	151543	Direct
2023-02-22	Common Stock	S	2058	$146.8634	Disposed	149485	Direct
2023-02-22	Common Stock	S	400	$147.9042	Disposed	149085	Direct
2023-02-22	Common Stock	S	300	$148.935	Disposed	148785	Direct
2023-02-22	Common Stock	S	50	$150.19	Disposed	148735	Direct
2023-02-22	Common Stock	S	1	$151.25	Disposed	148734	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	376.693	Indirect

Footnotes

F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2022.

F2: Reflects the weighted average price of 1,350 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $145.43 to $146.42 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 2,058 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $146.44 to $147.38 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 400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $147.52 to $148.3375 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 300 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $148.53 to $149.51 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.