SPS COMMERCE INC — Director's Dealing 2023

Mar 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2023-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-28	Common Stock	S	400	$147.9825	Disposed	41006	Direct
2023-02-28	Common Stock	S	800	$149.7587	Disposed	40206	Direct
2023-02-28	Common Stock	S	4374	$150.8117	Disposed	35832	Direct
2023-02-28	Common Stock	S	1500	$151.5816	Disposed	34332	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	405.186	Indirect

Footnotes

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

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 28, 2023 with sales prices ranging from $147.68 to $148.26 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 800 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 28, 2023 with sales prices ranging from $149.16 to $150.09 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 4,374 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 28, 2023 with sales prices ranging from $150.27 to $151.20 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 1,500 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 28, 2023 with sales prices ranging from $151.31 to $151.95 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.