0001209191-20-011319.txt : 20200220
0001209191-20-011319.hdr.sgml : 20200220
20200220195750
ACCESSION NUMBER: 0001209191-20-011319
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200218
FILED AS OF DATE: 20200220
DATE AS OF CHANGE: 20200220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SORAN PHILIP
CENTRAL INDEX KEY: 0001233126
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34702
FILM NUMBER: 20637094
MAIL ADDRESS:
STREET 1: 12982 VALLEY VIEW RD
CITY: EDEN PRAIRIE
STATE: MN
ZIP: 55344
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
FISCAL YEAR END: 1231
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-02-18
0
0001092699
SPS COMMERCE INC
SPSC
0001233126
SORAN PHILIP
532 FERNDALE ROAD WEST
WAYZATA
MN
55391
1
0
0
0
Common Stock
2020-02-18
4
M
0
8020
5.07
A
22490
D
Common Stock
2020-02-18
4
S
0
8020
60.9132
D
14470
D
Employee Stock Option (right to buy)
5.07
2020-02-18
4
M
0
8020
0.00
D
2020-07-19
Common Stock
8020
16020
D
Stock option exercise and sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 22, 2019.
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 12,020 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 24,040 shares of Common Stock.
This option was previously reported as an option for 12,020 shares of Common stock at an exercise price of $10.13 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
Reflects the weighted average price of 8,020 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 18, 2020 with sales prices ranging from $60.49 to $61.22 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.
Fully vested.
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Philip Soran
2020-02-20