SEC Form 4 · accession 0001209191-15-061371
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 14, 2015
Accepted (ET)
Jul 17, 2015 · 8:52 am 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 14, 2015 | M | 7,599 | $0.00 | A | 55,041 | D | |
| Common Stock | Jul 14, 2015 | S | 7,599 | $70.00 | D | 47,442 | D | |
| Common Stock | Jul 15, 2015 | M | 10,000 | $0.00 | A | 57,442 | D | |
| Common StockF2 | Jul 15, 2015 | S | 7,507 | $70.4019 | D | 49,935 | D | |
| Common StockF3 | Jul 15, 2015 | S | 2,493 | $71.177 | D | 47,442 | D | |
| Common Stock | holding | — | — | — | 200 | I | By Son-I | |
| Common Stock | holding | — | — | — | 200 | I | By Son-II | |
| Common Stock | holding | — | — | — | 200 | I | By Son-III | |
| Common Stock | holding | — | — | — | 200 | I | By Son-IV |
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 | Jul 14, 2015 | M | 7,599 | D | — | Apr 26, 2020 | Common Stock | 7,599 | 60,069 | D |
| Stock Option (right to buy)F4 | $12.00 | Jul 15, 2015 | M | 10,000 | D | — | Apr 26, 2020 | Common Stock | 10,000 | 50,069 | 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 7,507 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on July 15, 2015 with sales prices ranging from $70.00 to $71.00 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.
- F3Reflects the weighted average price of 2,493 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on July 15, 2015 with sales prices ranging from $71.04 to $71.51 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.
- F4Fully vested.