Filing Details

Accession Number:
0001295357-11-000012
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-16 16:46:48
Reporting Period:
2011-11-14
Filing Date:
2011-11-16
Accepted Time:
2011-11-16 16:46:48
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
1483416 B Michael Gorman 10400 Viking Drive
Suite 550
Eden Prairie MN 55344
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 Disposition 2011-11-14 517 $22.04 2,193 No 4 S Indirect By SPVC Affiliates Fund I, LLC
Common Stock Disposition 2011-11-14 10,801 $0.00 45,768 No 4 J Indirect By SPVC IV, LLC
Common Stock Disposition 2011-11-14 17,613 $0.00 74,634 No 4 J Indirect By SPVC V, LLC
Common Stock Disposition 2011-11-14 221,069 $0.00 936,756 No 4 J Indirect By SPVC VI, LLC
Common Stock Acquisiton 2011-11-14 17 $0.00 17 No 4 J Direct
Common Stock Acquisiton 2011-11-14 32 $0.00 49 No 4 J Direct
Common Stock Acquisiton 2011-11-14 443 $0.00 492 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By SPVC Affiliates Fund I, LLC
No 4 J Indirect By SPVC IV, LLC
No 4 J Indirect By SPVC V, LLC
No 4 J Indirect By SPVC VI, LLC
No 4 J Direct
No 4 J Direct
No 4 J Direct
Footnotes
  1. Represents securities held directly by SPVC Affiliates Fund I, LLC, which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to three individuals (one of whom is the reporting person) who require a two-thirds vote to act. 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.
  2. Represents a pro-rata distribution of Common Stock of the Issuer by SPVC IV, LLC without consideration to its members.
  3. Represents securities held directly by SPVC IV, LLC, which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to three individuals (one of whom is the reporting person) who require a two-thirds vote to act. 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.
  4. Represents a pro-rata distribution of Common Stock of the Issuer by SPVC V, LLC without consideration to its members.
  5. Represents securities held directly by SPVC V, LLC, which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to three individuals (one of whom is the reporting person) who require a two-thirds vote to act. 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.
  6. Represents a pro-rata distribution of Common Stock of the Issuer by SPVC VI, LLC without consideration to its members.
  7. Represents securities held directly by SPVC VI, LLC, which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to three individuals (one of whom is the reporting person) who require a two-thirds vote to act. 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.
  8. Represents receipt of a pro-rata distribution of Common Stock of the Issuer by SPVC IV, LLC without consideration to its members.
  9. Represents receipt of a pro-rata distribution of Common Stock of the Issuer by SPVC V, LLC without consideration to its members.
  10. Represents receipt of a pro-rata distribution of Common Stock of the Issuer by SPVC VI, LLC without consideration to its members.