0001209191-23-057087.txt : 20231201
0001209191-23-057087.hdr.sgml : 20231201
20231201164934
ACCESSION NUMBER: 0001209191-23-057087
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231129
FILED AS OF DATE: 20231201
DATE AS OF CHANGE: 20231201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Black Archie C.
CENTRAL INDEX KEY: 0001489095
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34702
FILM NUMBER: 231460237
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
X0508
4
2023-11-29
0
0001092699
SPS COMMERCE INC
SPSC
0001489095
Black Archie C.
333 SOUTH SEVENTH STREET
SUITE 1000
MINNEAPOLIS
MN
55402
1
0
0
0
1
Common Stock
2023-11-29
4
M
0
20075
54.54
A
80118
D
Common Stock
2023-11-29
4
S
0
10615
171.5551
D
69503
D
Common Stock
2023-11-29
4
S
0
3298
172.7719
D
66205
D
Common Stock
2023-11-29
4
S
0
1410
173.9236
D
64795
D
Common Stock
2023-11-29
4
S
0
2467
174.9462
D
62328
D
Common Stock
2023-11-29
4
S
0
585
175.7581
D
61743
D
Common Stock
2023-11-29
4
S
0
1400
177.1551
D
60343
D
Common Stock
2023-11-29
4
S
0
300
177.8067
D
60043
D
Common Stock
2023-11-30
4
M
0
14407
54.54
A
74450
D
Common Stock
2023-11-30
4
S
0
10271
170.3976
D
64179
D
Common Stock
2023-11-30
4
S
0
4136
171.2048
D
60043
D
Common Stock
400
I
By Son I
Common Stock
400
I
By Son II
Common Stock
400
I
By Son III
Common Stock
400
I
By Son IV
Common Stock
666.7
I
By IRA
Common Stock
407.027
I
By 401(k) Plan
Stock Option (right to buy)
54.54
2023-11-29
4
M
0
20075
0.00
D
2026-02-19
Common Stock
20075
14407
D
Stock Option (right to buy)
54.54
2023-11-30
4
M
0
14407
0.00
D
2026-02-19
Common Stock
14407
0
D
Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2023.
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 17,241 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 34,482 shares of Common Stock.
This option was previously reported as an option for 17,241 shares of Common stock at an exercise price of $109.07 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
Reflects the weighted average price of 10,615 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $171.38 to $172.35 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 3,298 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $172.40 to $173.37 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 1,410 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $173.53 to $174.52 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 2,467 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $174.53 to $175.47 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 585 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $175.59 to $175.88 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 1,400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $176.68 to $177.56 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 300 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $177.70 to $178.00 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 10,271 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 30, 2023 with sales prices ranging from $170.00 to $170.99 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 4,136 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 30, 2023 with sales prices ranging from $171.01 to $171.62 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 Archie C. Black
2023-12-01