SEC Form 4 · accession 0001209191-17-007759
SPS COMMERCE INC · SPSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Archie C. Black
Officer — CEO · Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 5:36 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 | Feb 1, 2017 | M | 9,629 | $16.64 | A | 78,229 | D | |
| Common StockF1 | Feb 1, 2017 | S | 9,629 | $68.0476 | D | 68,600 | D | |
| Common Stock | Feb 2, 2017 | M | 5,371 | $16.64 | A | 73,971 | D | |
| Common StockF2 | Feb 2, 2017 | S | 5,371 | $68.1256 | D | 68,600 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $16.64 | Feb 1, 2017 | M | 9,629 | D | — | Feb 10, 2021 | Common Stock | 9,629 | 24,016 | D |
| Employee Stock Option (right to buy)F3 | $16.64 | Feb 2, 2017 | M | 5,371 | D | — | Feb 10, 2021 | Common Stock | 5,371 | 18,645 | D |
Explanation of responses
- F1Reflects the weighted average price of 9,629 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2017 with sales prices ranging from $67.43 to $69.39 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.
- F2Reflects the weighted average price of 5,371 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2017 with sales prices ranging from $67.35 to $68.44 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.