SEC Form 4 · accession 0001209191-18-045060
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
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 6:03 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 | Jul 31, 2018 | M | 18,215 | $39.01 | A | 70,957 | D | |
| Common StockF2 | Jul 31, 2018 | S | 3,200 | $83.6554 | D | 67,757 | D | |
| Common StockF3 | Jul 31, 2018 | S | 2,100 | $84.439 | D | 65,657 | D | |
| Common StockF4 | Jul 31, 2018 | S | 12,551 | $85.712 | D | 53,106 | D | |
| Common StockF5 | Jul 31, 2018 | S | 364 | $86.1847 | 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)F6 | $39.01 | Jul 31, 2018 | M | 18,215 | D | — | Feb 8, 2023 | Common Stock | 18,215 | 0 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 30, 2018.
- F2Reflects the weighted average price of 3,200 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on July 31, 2018 with sales prices ranging from $83.08 to $84.05 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 2100 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on July 31, 2018 with sales prices ranging from $84.10 to $84.94 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.
- F4Reflects the weighted average price of 12,551 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on July 31, 2018 with sales prices ranging from $85.13 to $86.07 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.
- F5Reflects the weighted average price of 364 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on July 31, 2018 with sales prices ranging from $86.15 to $86.26 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.
- F6Fully vested.