Form 4 for SPSC SPS COMMERCE INC
Accepted 2022-01-28 00:00:00 ET · period of report 2022-01-26 · accession 0001209191-22-005379 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-01-28 | 2022-01-27 | SPSC | Black Archie C. | CEO, Dir | S - Sale | $115.19 | -22.0K | 81.0K | -21% | -$2.53M |
| 2022-01-28 | 2022-01-26 | SPSC | Black Archie C. | CEO, Dir | A - Grant | $0.00 | +22.0K | 87.5K | +34% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-27 | S | D | 5,667 | $114.51 | 75,288 | D | — | — | (F4) Reflects the weighted average price of 5,667 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $114.05 to $115.03 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. |
| 2 | Common | Common Stock | 2022-01-27 | S | D | 1,400 | $118.71 | 65,463 | D | — | — | (F8) Reflects the weighted average price of 1,400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $118.31 to $119.00 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. |
| 3 | Common | Common Stock | 2022-01-27 | S | D | 1,796 | $117.58 | 66,863 | D | — | — | (F7) Reflects the weighted average price of 1,796 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $117.21 to $118.19 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. |
| 4 | Common | Common Stock | 2022-01-27 | S | D | 2,097 | $116.68 | 68,659 | D | — | — | (F6) Reflects the weighted average price of 2,097 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $116.205 to $117.18 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. |
| 5 | Common | Common Stock | 2022-01-27 | S | D | 4,532 | $115.55 | 70,756 | D | — | — | (F5) Reflects the weighted average price of 4,532 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $115.11 to $116.09 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. |
| 6 | Common | Common Stock | 2022-01-26 | A | A | 22,004 | $0.00 | 87,467 | D | — | — | (F1) On February 19, 2019, the reporting person was granted performance stock units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were achieved for a three-year performance period of 2019-2021. As determined on January 26, 2022, based on actual performance, the reporting person earned the number of PSUs indicated, which PSUs were fully vested on that date. |
| 7 | Common | Common Stock | 2022-01-27 | S | D | 6,512 | $113.65 | 80,955 | D | — | — | (F3) Reflects the weighted average price of 6,512 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on January 27, 2022 with sales prices ranging from $113.03 to $113.94 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. |