SEC Form 4 · accession 0001209191-15-077256
SPS COMMERCE INC · SPSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
James J. Frome
Officer — EVP & Chief Operating Officer
Period of report
Oct 27, 2015
Accepted (ET)
Oct 29, 2015 · 2:56 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 | Oct 27, 2015 | M | 3,891 | $16.64 | A | 19,168 | D | |
| Common Stock | Oct 28, 2015 | M | 4,241 | $16.64 | A | 23,409 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $16.64 | Oct 27, 2015 | M | 3,891 | D | — | Feb 10, 2021 | Common Stock | 3,891 | 30,431 | D |
| Employee Stock Option (right to buy)F1 | $16.64 | Oct 28, 2015 | M | 4,241 | D | — | Feb 10, 2021 | Common Stock | 4,241 | 26,190 | D |
Explanation of responses
- F1Option vests as to 25% of the shares on the one year anniversary of grant with the remaining shares vesting in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on March 11, 2012).