Form 4 for SPSC SPS COMMERCE INC
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001209191-22-015818 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-03 | 2022-03-01 | SPSC | Ramsey James Burr | Dir | M - OptEx | $33.69 | +4,506 | 17.3K | +35% | +$151.8K |
| DM | 2022-03-03 | 2022-03-01 | SPSC | Ramsey James Burr | Dir | S - Sale+OE | $125.47 | -4,506 | 15.3K | -23% | -$565.4K |
| D | 2022-03-03 | 2022-03-01 | SPSC | Ramsey James Burr | Dir | M - OptEx | $0.00 | -4,506 | 0 | -100% | $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 | 2022-03-01 | M | A | 4,506 | $33.69 | 17,346 | D | — | — | (F2) 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. (F1) 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. |
| 2 | Common | Common Stock | 2022-03-01 | S | D | 100 | $126.81 | 12,840 | D | — | — | |
| 3 | Common | Common Stock | 2022-03-01 | S | D | 2,401 | $125.88 | 12,940 | D | — | — | (F4) Reflects the weighted average price of 2,401 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $125.62 to $126.555 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 | 2022-03-01 | S | D | 2,005 | $124.91 | 15,341 | D | — | — | (F3) Reflects the weighted average price of 2,005 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on March 1, 2022 with sales prices ranging from $124.475 to $125.405 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 | Derivative | Stock Option (right to buy) | 2022-03-01 | M | D | 4,506 | $0.00 | 0 | D | $33.69 · — to 2022-05-13 | 4,506 Common Stock | (F2) 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. (F5) Fully vested. |