SEC Form 4 · accession 0001209191-15-060690
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
Jul 9, 2015
Accepted (ET)
Jul 13, 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 | Jul 9, 2015 | M | 200 | $0.00 | A | 47,642 | D | |
| Common Stock | Jul 9, 2015 | S | 200 | $70.00 | D | 47,442 | D | |
| Common Stock | Jul 13, 2015 | M | 10,000 | $0.00 | A | 57,442 | D | |
| Common StockF2 | Jul 13, 2015 | S | 10,000 | $69.713 | D | 47,442 | D | |
| Common Stock | Jul 13, 2015 | S | 501 | $70.00 | D | 46,941 | 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)F3 | $12.00 | Jul 9, 2015 | M | 200 | D | — | Apr 26, 2020 | Common Stock | 200 | 77,668 | D |
| Stock Option (right to buy)F3 | $12.00 | Jul 13, 2015 | M | 10,000 | D | — | Apr 26, 2020 | Common Stock | 10,000 | 67,668 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on March 12, 2015.
- F2Reflects the weighted average price of 10,000 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on July 13, 2015 with sales prices ranging from $69.34 to $69.95 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.
- F3Fully vested.