SEC Form 4 · accession 0001209191-18-047386
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
Aug 15, 2018
Accepted (ET)
Aug 17, 2018 · 4:41 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 | Aug 15, 2018 | M | 31,521 | $25.32 | A | 121,845 | D | |
| Common StockF2 | Aug 15, 2018 | S | 26,921 | $90.6265 | D | 94,924 | D | |
| Common StockF3 | Aug 15, 2018 | S | 4,000 | $91.9295 | D | 90,924 | D | |
| Common StockF4 | Aug 15, 2018 | S | 600 | $92.8333 | D | 90,324 | 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)F5 | $25.32 | Aug 15, 2018 | M | 31,521 | D | — | Feb 9, 2022 | Common Stock | 31,521 | 0 | D |
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 June 4, 2018.
- F2Reflects the weighted average price of 26,921 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 15, 2018 with sales prices ranging from $90.66 to $91.65 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 4,000 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 15, 2018 with sales prices ranging from $91.68 to $92.66 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 600 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 15, 2018 with sales prices ranging from $92.76 to $93.20 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.
- F5Fully vested.