SEC Form 4 · accession 0001209191-16-151288
SPS COMMERCE INC · SPSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip Soran
Director
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 5:26 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 Stock | Nov 16, 2016 | M | 2,672 | $27.55 | A | 7,938 | D | |
| Common StockF1 | Nov 16, 2016 | S | 2,672 | $66.2808 | D | 5,266 | 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)F2 | $27.55 | Nov 16, 2016 | M | 2,672 | D | — | May 23, 2019 | Common Stock | 2,672 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 2,672 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 16, 2016 with sales prices ranging from $65.85 to $67.01 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.
- F2Fully vested.