SEC Form 4 · accession 0001209191-18-028146
SPS COMMERCE INC · SPSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly K. Nelson
Officer — EVP & CFO
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 5:05 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 | May 2, 2018 | M | 10,000 | $25.32 | A | 62,742 | D | |
| Common Stock | May 2, 2018 | S | 10,000 | $71.00 | D | 52,742 | D | |
| Common Stock | May 2, 2018 | M | 5,000 | $12.00 | A | 57,742 | D | |
| Common Stock | May 2, 2018 | S | 5,000 | $71.00 | D | 52,742 | D | |
| Common Stock | May 2, 2018 | M | 1,700 | $12.00 | A | 54,442 | D | |
| Common Stock | May 2, 2018 | S | 1,700 | $71.60 | D | 52,742 | 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 | $25.32 | May 2, 2018 | M | 10,000 | D | — | Feb 9, 2022 | Common Stock | 10,000 | 0 | D |
| Stock Option (right to buy)F3 | $12.00 | May 2, 2018 | M | 5,000 | D | — | Apr 26, 2020 | Common Stock | 5,000 | 1,700 | D |
| Stock Option (right to buy)F3 | $12.00 | May 2, 2018 | M | 1,700 | D | — | Apr 26, 2020 | Common Stock | 1,700 | 0 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2017.
- F2This Option vests as to (i) 1/4th of the Shares subject to this Option on February 10, 2013 and (ii) 1/36th of the remaining Shares subject to this Option on the 1st day of each month, commencing on March 1, 2013.
- F3This Option vests as to (i) 1/4th of the Shares subject to this Option on May 1, 2011 and (ii) 1/36th of the remaining Shares subject to this Option on the 1st day of each month, commencing on June 1, 2011.