SPS COMMERCE INC — Director's Dealing 2023

Feb 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2023-01-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-30	Common Stock	S	6002	$133.0776	Disposed	118345	Direct
2023-01-30	Common Stock	S	4216	$134.0112	Disposed	114129	Direct
2023-01-30	Common Stock	S	902	$134.7731	Disposed	113227	Direct
2023-01-30	Common Stock	S	200	$135.87	Disposed	113027	Direct
2023-01-31	Common Stock	S	1588	$134.3762	Disposed	111439	Direct
2023-01-31	Common Stock	S	10917	$135.2135	Disposed	100522	Direct
2023-01-31	Common Stock	S	4251	$135.8992	Disposed	96271	Direct
2023-02-01	Common Stock	S	8334	$133.1736	Disposed	87937	Direct
2023-02-01	Common Stock	S	9080	$134.0421	Disposed	78857	Direct
2023-02-01	Common Stock	S	2604	$134.9475	Disposed	76253	Direct
2023-02-01	Common Stock	S	2216	$135.8792	Disposed	74037	Direct
2023-02-01	Common Stock	S	1503	$137.3082	Disposed	72534	Direct
2023-02-01	Common Stock	S	4182	$137.994	Disposed	68352	Direct
2023-02-01	Common Stock	S	2500	$139.2151	Disposed	65852	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 6,002 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 30, 2023 with sales prices ranging from $132.51 to $133.50 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 4,216 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 30, 2023 with sales prices ranging from $133.55 to $134.51 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.

F4: Reflects the weighted average price of 902 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 30, 2023 with sales prices ranging from $134.56 to $135.07 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.

F5: Reflects the weighted average price of 1,588 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 31, 2023 with sales prices ranging from $133.59 to $134.58 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 10,917 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 31, 2023 with sales prices ranging from $134.625 to $135.61 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.

F7: Reflects the weighted average price of 4,251 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 31, 2023 with sales prices ranging from $135.63 to $136.49 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.

F8: Reflects the weighted average price of 8,334 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2023 with sales prices ranging from $132.57 to $133.50 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.

F9: Reflects the weighted average price of 9,080 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2023 with sales prices ranging from $133.59 to $134.58 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.

F10: Reflects the weighted average price of 2,604 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2023 with sales prices ranging from $134.59 to $135.56 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.

F11: Reflects the weighted average price of 2,216 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2023 with sales prices ranging from $135.70 to $136.17 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.

F12: Reflects the weighted average price of 1,503 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2023 with sales prices ranging from $136.73 to $137.61 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.

F13: Reflects the weighted average price of 4,182 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2023 with sales prices ranging from $137.77 to $138.39 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.

F14: Reflects the weighted average price of 2,500 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2023 with sales prices ranging from $139.00 to $139.55 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.