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