0001209191-20-057153.txt : 20201105
0001209191-20-057153.hdr.sgml : 20201105
20201105164216
ACCESSION NUMBER: 0001209191-20-057153
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201103
FILED AS OF DATE: 20201105
DATE AS OF CHANGE: 20201105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEESTMA MARTIN J
CENTRAL INDEX KEY: 0001223733
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34702
FILM NUMBER: 201291180
MAIL ADDRESS:
STREET 1: 333 SOUTH SEVENTH STREET
STREET 2: SUITE 1000
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402
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
2020-11-03
0
0001092699
SPS COMMERCE INC
SPSC
0001223733
LEESTMA MARTIN J
333 SOUTH SEVENTH STREET
SUITE 1000
MINNEAPOLIS
MN
55402
1
0
0
0
Common Stock
2020-11-03
4
M
0
4506
33.69
A
32824
D
Common Stock
2020-11-03
4
M
0
10680
8.33
A
43504
D
Common Stock
2020-11-03
4
M
0
5620
25.87
A
49124
D
Common Stock
2020-11-03
4
S
0
18706
88.8354
D
30418
D
Common Stock
2020-11-03
4
S
0
2100
89.489
D
28318
D
Stock Option (right to buy)
33.69
2020-11-03
4
M
0
4506
0.00
D
2020-05-13
Common Stock
4506
0
D
Stock Option (right to buy)
8.33
2020-11-03
4
M
0
10680
0.00
D
2021-05-16
Common Stock
10680
0
D
Stock Option (right to buy)
25.87
2020-11-03
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 2,253 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 4,506 shares of Common Stock.
This option was previously reported as an option for 2,253 shares of Common stock at an exercise price of $67.37 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 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 $51.74 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
Reflects the weighted average price of 18,706 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 3, 2020, with sales prices ranging from $88.41 to $89.3219 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 2,100 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 3, 2020, with sales prices ranging from $89.47 to $89.55 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 Martin J. Leestma
2020-11-05