0001209191-20-028396.txt : 20200511 0001209191-20-028396.hdr.sgml : 20200511 20200511202325 ACCESSION NUMBER: 0001209191-20-028396 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200507 FILED AS OF DATE: 20200511 DATE AS OF CHANGE: 20200511 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: 20866760 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 2020-05-07 0 0001092699 SPS COMMERCE INC SPSC 0001233126 SORAN PHILIP 532 FERNDALE ROAD WEST WAYZATA MN 55391 1 0 0 0 Common Stock 2020-05-07 4 M 0 3560 8.33 A 18030 D Common Stock 2020-05-07 4 M 0 5620 28.87 A 23650 D Common Stock 2020-05-07 4 S 0 9180 60.0209 D 14470 D Stock Option (right to buy) 8.33 2020-05-07 4 M 0 3560 0.00 D 2021-05-16 Common Stock 3560 7120 D Stock Option (right to buy) 28.87 2020-05-07 4 M 0 5620 0.00 D 2021-05-14 Common Stock 5620 0 D 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 5,340 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 10,680 shares of Common Stock. This option was previously reported as an option for 5,340 shares of Common stock at an exercise price of $16.65 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 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 2,810 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 5,620 shares of Common Stock. This option was previously reported as an option for 2,810 shares of Common stock at an exercise price of $57.74 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019. Reflects the weighted average price of 9,180 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on May 7, 2020 with sales prices ranging from $60.00 to $60.13 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 2020-05-11