SEC Form 4 · accession 0001209191-16-098158
SPS COMMERCE INC · SPSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J. Frome
Officer — EVP & Chief Operating Officer
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 5:07 pm EST
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 StockF2 | Feb 10, 2016 | S | 5,603 | $41.8891 | D | 21,113 | D | |
| Common StockF3 | Feb 10, 2016 | S | 643 | $42.3962 | D | 20,470 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 7, 2015.
- F2Reflects the weighted average price of 5,603 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 10, 2016 with sales prices ranging from $41.31 to $42.28 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 643 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 10, 2016 with sales prices ranging from $42.33 to $42.49 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.