0001209191-17-010882.txt : 20170214
0001209191-17-010882.hdr.sgml : 20170214
20170214201012
ACCESSION NUMBER: 0001209191-17-010882
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170210
FILED AS OF DATE: 20170214
DATE AS OF CHANGE: 20170214
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SPS COMMERCE INC
CENTRAL INDEX KEY: 0001092699
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 411593154
STATE OF INCORPORATION: DE
BUSINESS ADDRESS:
STREET 1: 333 SOUTH SEVENTH STREET
STREET 2: SUITE 1000
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402
BUSINESS PHONE: 612-435-9400
MAIL ADDRESS:
STREET 1: 333 SOUTH SEVENTH STREET
STREET 2: SUITE 1000
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Frome James J.
CENTRAL INDEX KEY: 0001489265
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34702
FILM NUMBER: 17612445
MAIL ADDRESS:
STREET 1: 333 SOUTH SEVENTH STREET
STREET 2: SUITE 1000
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-02-10
0
0001092699
SPS COMMERCE INC
SPSC
0001489265
Frome James J.
333 SOUTH SEVENTH STREET
SUITE 1000
MINNEAPOLIS
MN
55402
0
1
0
0
EVP & Chief Operating Officer
Common Stock
2017-02-10
4
S
0
2568
57.4468
D
15043
D
Common Stock
2017-02-10
4
S
0
2050
58.7119
D
12993
D
Common Stock
2017-02-14
4
A
0
11175
0.00
A
24168
D
Employee Stock Option (right to buy)
55.70
2017-02-14
4
A
0
16327
0.00
A
2024-02-14
Common Stock
16327
16327
D
Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 13, 2016.
Reflects the weighted average price of 2568 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 10, 2017 with sales prices ranging from $57.05 to $58.03 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.
Reflects the weighted average price of 2,050 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 10, 2017 with sales prices ranging from $58.29 to $59.03 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.
This reflects a restricted stock unit award. Each restricted stock unit represents a contingent right to receive one share of SPS Commerce, Inc. common stock. RSUs vest as to 25% of the units on February 14, 2018. The remaining units vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on March 14, 2018).
Options vest as to 25% of the shares on February 14, 2018. The remaining shares vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on March 14, 2018).
/s/ Jonathan R. Zimmerman, attorney-in-fact for James J. Frome
2017-02-14