Marty M. Reaume - 19 Dec 2023 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
Director
Signature
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Marty M. Reaume
Issuer symbol
SPSC
Transactions as of
19 Dec 2023
Net transactions value
-$503,873
Form type
4
Filing time
21 Dec 2023, 18:00:01 UTC
Previous filing
16 Nov 2023
Next filing
20 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Options Exercise $122,268 +3,285 +44% $37.22* 10,668 19 Dec 2023 Direct F1
transaction SPSC Common Stock Sale $439,003 -2,307 -22% $190.29 8,361 19 Dec 2023 Direct F1, F2
transaction SPSC Common Stock Sale $187,138 -978 -12% $191.35 7,383 19 Dec 2023 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPSC Stock Option (right to buy) Options Exercise $0 -3,285 -100% $0.000000* 0 19 Dec 2023 Common Stock 3,285 $37.22 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2023.
F2 Reflects the weighted average price of 2,307 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on December 19, 2023 with sales prices ranging from $190.00 to $190.99 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.
F3 Reflects the weighted average price of 978 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on December 19, 2023 with sales prices ranging from $191.01 to $191.56 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.
F4 Fully vested.