Filing Details

Accession Number:
0001209191-10-024426
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-29 13:00:00
Reporting Period:
2010-04-27
Filing Date:
2010-04-29
Accepted Time:
2010-04-29 20:22:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1092699 Sps Commerce Inc SPSC Services-Prepackaged Software (7372) 411593154
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1489881 River Citites Sbic Iii, L.p. 221 East 4Th Street
Suite 2400
Cincinnati OH 45202
No No Yes No
1489882 Rccf Management, Inc. 221 East 4Th Street
Suite 2400
Cincinnati OH 45202
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-04-27 1,264,934 $0.00 1,264,934 No 4 C Indirect By River Cities SBIC III, L.P.
Common Stock Disposition 2010-04-27 252,987 $11.16 1,011,947 No 4 S Indirect By River Cities SBIC III, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By River Cities SBIC III, L.P.
No 4 S Indirect By River Cities SBIC III, L.P.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Acquisiton 2010-04-27 10,387 $0.00 10,387 $0.00
Common Stock Series B Convertible Preferred Stock Acquisiton 2010-04-27 694,265 $0.00 694,265 $0.00
Common Stock Series C Convertible Preferred Stock Acquisiton 2010-04-27 560,282 $0.00 560,282 $0.00
Common Stock Stock Option (Right to Buy) Acquisiton 2010-04-27 16,020 $0.00 16,020 $12.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
16,020 2020-04-26 No 4 A Indirect
Footnotes
  1. The securities converted into the Issuer's Common Stock at a rate of one-for-one.
  2. Represents securities held directly by River Cities SBIC III, L.P., which is managed by RCCF Management, Inc. The reporting person may be deemed to be an indirect beneficial owner of the reported securities. The reporting person disclaims any beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  3. The securities do not have an expiration date. Each share of Series A, Series B and Series C Convertible Preferred Stock automatically converted into shares of Common Stock in connection with the closing of the Issuer's initial public offering on April 27, 2010. Prior to its conversion into the Issuer's Common Stock, the Series A, Series B and Series C Convertible Preferred Stock was convertible at any time at the option of the holder.
  4. This Option vests as to 1/36th of the Shares subject to this Option upon completion of each additional month of service commencing on May 27, 2010.
  5. The Option is held by Murray R. Wilson, a director of the Issuer and special consultant to RCCF Management, Inc. Mr. Wilson holds this Option for the sole benefit of River Cities Capital Fund II Limited Partnership and River Cities SBIC III, L.P.