Filing Details

Accession Number:
0001209191-20-028396
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-11 20:23:25
Reporting Period:
2020-05-07
Accepted Time:
2020-05-11 20:23:25
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
1233126 Philip Soran 532 Ferndale Road West
Wayzata MN 55391
Yes No No 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 2020-05-07 3,560 $8.33 18,030 No 4 M Direct
Common Stock Acquisiton 2020-05-07 5,620 $28.87 23,650 No 4 M Direct
Common Stock Disposition 2020-05-07 9,180 $60.02 14,470 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2020-05-07 3,560 $0.00 3,560 $8.33
Common Stock Stock Option (right to buy) Disposition 2020-05-07 5,620 $0.00 5,620 $28.87
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,120 2021-05-16 No 4 M Direct
0 2021-05-14 No 4 M Direct
Footnotes
  1. 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.
  2. 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.
  3. 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 2,810 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 5,620 shares of Common Stock.
  4. This option was previously reported as an option for 2,810 shares of Common stock at an exercise price of $57.74 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
  5. Reflects the weighted average price of 9,180 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on May 7, 2020 with sales prices ranging from $60.00 to $60.13 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.
  6. Fully vested.