SPS COMMERCE INC — Director's Dealing 2023

Feb 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Black Archie C. (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-02	Common Stock	S	641	$139.5176	Disposed	65211	Direct
2023-02-02	Common Stock	S	4937	$140.4799	Disposed	60274	Direct
2023-02-02	Common Stock	S	2398	$141.4332	Disposed	57876	Direct
2023-02-02	Common Stock	S	1604	$142.3352	Disposed	56272	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	378.09	Indirect
Common Stock	400	Indirect
Common Stock	400	Indirect
Common Stock	400	Indirect
Common Stock	400	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 641 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2023 with sales prices ranging from $138.94 to $139.91 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 4,937 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2023 with sales prices ranging from $139.95 to $140.94 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 2,398 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2023 with sales prices ranging from $140.96 to $141.87 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 1,604 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2023 with sales prices ranging from $141.96 to $142.90 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.