0001209191-18-010919.txt : 20180216
0001209191-18-010919.hdr.sgml : 20180216
20180216170519
ACCESSION NUMBER: 0001209191-18-010919
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180212
FILED AS OF DATE: 20180216
DATE AS OF CHANGE: 20180216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Frome James J.
CENTRAL INDEX KEY: 0001489265
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34702
FILM NUMBER: 18622051
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
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
2018-02-12
0
0001092699
SPS COMMERCE INC
SPSC
0001489265
Frome James J.
333 SOUTH SEVENTH STREET
SUITE 1000
MINNEAPOLIS
MN
55402
0
1
0
0
EVP & Chief Operating Officer
Common Stock
2018-02-12
4
S
0
4100
53.8528
D
20068
D
Common Stock
2018-02-12
4
S
0
4257
54.3713
D
15811
D
Common Stock
2018-02-13
4
A
0
12801
0.00
A
28612
D
Employee Stock Option (right to buy)
54.68
2018-02-13
4
A
0
18861
0.00
A
2025-02-13
Common Stock
18861
18861
D
Performance Rights
2018-02-13
4
A
0
12801
0.00
A
2021-03-15
Common Stock
12801
12801
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on August 31, 2017.
Reflects the weighted average price of 4,100 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 12, 2018, with sales prices ranging from $53.20 to $54.18 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 4,257 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 12, 2018, with sales prices ranging from $54.21 to $54.59 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.
This reflects a restricted stock unit award. Each restricted stock unit represents a contingent right to receive one share of SPS Commerce, Inc. common stock. RSUs vest as to 25% of the units on February 13, 2019. The remaining units vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on March 13, 2019).
Options vest as to 25% of the shares on February 13, 2019. The remaining shares vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on March 13, 2019).
Each performance right represents a contingent right to receive one share of common stock. The performance rights vest based upon the issuer's total stockholder return.
/s/ Jonathan R. Zimmerman, attorney-in-fact for James J. Frome
2018-02-16