Form 4 for SPSC SPS COMMERCE INC
Accepted 2023-11-16 00:00:00 ET · period of report 2023-11-14 · accession 0001209191-23-055616 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-11-16 | 2023-11-14 | SPSC | Reaume Marty M | Dir | S - Sale+OE | $176.51 | -3,285 | 7,383 | -31% | -$579.8K |
| D | 2023-11-16 | 2023-11-14 | SPSC | Reaume Marty M | Dir | M - OptEx | $37.22 | +3,285 | 10.7K | +44% | +$122.3K |
| D | 2023-11-16 | 2023-11-14 | SPSC | Reaume Marty M | Dir | M - OptEx | $0.00 | -3,285 | 3,285 | -50% | $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 | 2023-11-14 | S | D | 1,011 | $175.81 | 9,657 | D | — | — | (F4) Reflects the weighted average price of 1,011 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 14, 2023 with sales prices ranging from $175.29 to $176.27 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 | 2023-11-14 | S | D | 1,898 | $176.68 | 7,759 | D | — | — | (F5) Reflects the weighted average price of 1,898 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 14, 2023 with sales prices ranging from $176.34 to $177.01 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 | 2023-11-14 | S | D | 376 | $177.50 | 7,383 | D | — | — | (F6) Reflects the weighted average price of 376 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 14, 2023 with sales prices ranging from $177.47 to $177.58 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 | 2023-11-14 | M | A | 3,285 | $37.22 | 10,668 | D | — | — | (F3) This option was previously reported as an option for 3,285 shares of Common stock at an exercise price of $74.43 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019. (F2) 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 3,285 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 6,570 shares of Common Stock. |
| 5 | Derivative | Stock Option (right to buy) | 2023-11-14 | M | D | 3,285 | $0.00 | 3,285 | D | $37.22 · — to 2025-05-31 | 3,285 Common Stock | (F3) This option was previously reported as an option for 3,285 shares of Common stock at an exercise price of $74.43 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019. (F7) Fully vested. |