- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2020-05-08 18:14:10
- Reporting Period:
- Accepted Time:
- 2020-05-08 18:14:10
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1092699||Sps Commerce Inc||SPSC||Services-Prepackaged Software (7372)||411593154|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1205069||Sven Wehrwein||333 South Seventh Street |
Minneapolis MN 55402
Reported Non-Derivative Transactions
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
Reported Derivative Transactions
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Common Stock||Stock Option (right to buy)||Disposition||2020-05-06||1,000||$0.00||1,000||$8.33|
|Common Stock||Stock Option (right to buy)||Disposition||2020-05-07||9,680||$0.00||9,680||$8.33|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
- On July 25, 2019, the Issuer announced that its board of directors declared a two-for-one stock split of the Common Stock of the Issuer, effected in the form of a 100 percent stock dividend as of the record date on August 8, 2019. The stock split dividend was distributed on August 22, 2019, and at that time pursuant to anti-dilution provisions of the Issuer's 2010 Equity Incentive Plan, an option for 5,340 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 10,680 shares of Common Stock.
- This option was previously reported as an option for 5,340 shares of Common stock at an exercise price of $16.65 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
- Reflects the weighted average price of 1,000 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on May 6, 2020 with sales prices ranging from $57.25 to $57.44 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.
- Reflects the weighted average price of 9,680 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on May 7, 2020 with sales prices ranging from $59.50 to $60.215 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.
- Fully vested.