SEC Form 4 · accession 0001209191-15-024168
SPS COMMERCE INC · SPSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Archie C. Black
Officer — President & CEO · Director
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001092699
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 5, 2015 | M | 10,000 | $0.00 | A | 53,817 | D | |
| Common StockF2 | Mar 5, 2015 | S | 9,800 | $67.9136 | D | 44,017 | D | |
| Common StockF3 | Mar 5, 2015 | S | 200 | $68.5035 | D | 43,817 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $12.00 | Mar 5, 2015 | M | 10,000 | D | — | Apr 26, 2020 | Common Stock | 10,000 | 80,150 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on December 12, 2013.
- F2Reflects the weighted average price of 9,800 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on March 5, 2015 with sale prices ranging from $67.39 to $68.30 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 sold at each separate price.
- F3Reflects the weighted average price of 200 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on March 5, 2015 with sale prices ranging from $68.447 to $68.56 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 sold at each separate price.
- F4Fully vested.