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: Frome James J. (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-22	Common Stock	S	1482	$146.0629	Disposed	44262	Direct
2023-02-22	Common Stock	S	2104	$146.9297	Disposed	42158	Direct
2023-02-22	Common Stock	S	402	$148.3998	Disposed	41756	Direct
2023-02-22	Common Stock	S	250	$149.1636	Disposed	41506	Direct
2023-02-22	Common Stock	S	100	$150.56	Disposed	41406	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	376.796	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 1,482 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $145.56 to $146.51 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.

F3: Reflects the weighted average price of 2,104 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $146.61 to $147.56 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: Reflects the weighted average price of 402 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $147.68 to $148.62 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 250 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $148.92 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.

F6: Reflects the weighted average price of 100 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 22, 2023 with sales prices ranging from $150.19 to $150.93 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.