SEC Form 4 · accession 0001209191-18-051272
SPS COMMERCE INC · SPSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin J Leestma
Director
Period of report
Sep 12, 2018
Accepted (ET)
Sep 17, 2018 · 6:05 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 | Sep 12, 2018 | M | 16,020 | $12.00 | A | 20,935 | D | |
| Common Stock | Sep 12, 2018 | M | 2,672 | $27.55 | A | 23,607 | D | |
| Common Stock | Sep 12, 2018 | M | 2,644 | $48.66 | A | 26,251 | D | |
| Common StockF2 | Sep 17, 2018 | S | 5,316 | $99.346 | D | 20,935 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $12.00 | Sep 12, 2018 | M | 16,020 | D | — | Apr 26, 2020 | Common Stock | 16,020 | 0 | D |
| Stock Option (right to buy)F3 | $27.55 | Sep 12, 2018 | M | 2,672 | D | — | May 23, 2019 | Common Stock | 2,672 | 0 | D |
| Stock Option (right to buy)F3 | $48.66 | Sep 12, 2018 | M | 2,644 | D | — | May 14, 2020 | Common Stock | 2,644 | 0 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2018.
- F2Reflects the weighted average price of 5,316 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on September 17, 2018 with sales prices ranging from $99.2725 to $99.5250 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.