Filing Details

Accession Number:
0001209191-23-054895
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-09 19:34:18
Reporting Period:
2023-11-07
Accepted Time:
2023-11-09 19:34:18
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 333 South Seventh Street
Suite 1000
Minneapolis MN 55402
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 2023-11-07 3,026 $29.15 21,413 No 4 M Direct
Common Stock Disposition 2023-11-07 630 $167.80 20,783 No 4 S Direct
Common Stock Disposition 2023-11-07 829 $168.55 19,954 No 4 S Direct
Common Stock Disposition 2023-11-07 1,567 $169.45 18,387 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S 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 2023-11-07 3,026 $0.00 3,026 $29.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,026 2024-05-23 No 4 M Direct
Footnotes
  1. Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 8, 2023.
  2. 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 3,026 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 6,052 shares of Common Stock.
  3. This option was previously reported as an option for 3,026 shares of Common stock at an exercise price of $58.29 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
  4. Reflects the weighted average price of 630 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 7, 2023 with sales prices ranging from $167.05 to $168.03 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.
  5. Reflects the weighted average price of 829 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 7, 2023 with sales prices ranging from $168.10 to $169.06 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. Reflects the weighted average price of 1,567 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 7, 2023 with sales prices ranging from $169.10 to $169.99 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.
  7. Fully vested.