Form 4 for SPSC SPS COMMERCE INC
Accepted 2024-02-02 00:00:00 ET · period of report 2024-01-31 · accession 0001437749-24-003034 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-02-02 | 2024-01-31 | SPSC | Black Archie C. | Dir | A - Grant | $0.00 | +42.6K | 102.8K | +71% | $0 | |
| M | 2024-02-02 | 2024-02-01+ | SPSC | Black Archie C. | Dir | S - Sale | $179.77 | -22.4K | 93.9K | -19% | -$4.03M |
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 | 2024-01-31 | A | A | 42,578 | $0.00 | 102,815 | D | — | — | (F1) On January 4, 2021, 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 2021-2023. As determined on January 31, 2024, based on actual performance, the reporting person earned the number of PSUs indicated, which PSUs were fully vested on that date. (F2) Includes 194 shares acquired on June 30, 2023 pursuant to the Issuer's employee stock purchase plan. |
| 2 | Common | Common Stock | 2024-02-01 | S | D | 1,077 | $176.18 | 101,738 | D | — | — | (F4) Reflects the weighted average price of 1,077 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2024 with sales prices ranging from $175.72 to $176.70 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 | 2024-02-01 | S | D | 2,868 | $177.41 | 98,870 | D | — | — | (F5) Reflects the weighted average price of 2,868 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2024 with sales prices ranging from $176.73 to $177.72 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 | 2024-02-01 | S | D | 1,969 | $178.17 | 96,901 | D | — | — | (F6) Reflects the weighted average price of 1,969 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2024 with sales prices ranging from $177.75 to $178.58 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. |
| 5 | Common | Common Stock | 2024-02-01 | S | D | 1,374 | $179.42 | 95,527 | D | — | — | (F7) Reflects the weighted average price of 1,374 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2024 with sales prices ranging from $178.90 to $179.88 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. |
| 6 | Common | Common Stock | 2024-02-02 | S | D | 995 | $181.19 | 80,415 | D | — | — | (F14) Reflects the weighted average price of 995 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2024 with sales prices ranging from $180.91 to $181.63 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. |
| 7 | Common | Common Stock | 2024-02-01 | S | D | 3,400 | $181.54 | 90,540 | D | — | — | (F9) Reflects the weighted average price of 3,400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2024 with sales prices ranging from $180.98 to $181.91 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. |
| 8 | Common | Common Stock | 2024-02-01 | S | D | 400 | $182.99 | 90,140 | D | — | — | (F10) Reflects the weighted average price of 400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2024 with sales prices ranging from $182.86 to $183.10 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. |
| 9 | Common | Common Stock | 2024-02-01 | S | D | 200 | $184.49 | 89,940 | D | — | — | (F11) Reflects the weighted average price of 200 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2024 with sales prices ranging from $184.15 to $184.83 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. |
| 10 | Common | Common Stock | 2024-02-02 | S | D | 3,210 | $179.67 | 86,730 | D | — | — | (F12) Reflects the weighted average price of 3,210 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2024 with sales prices ranging from $178.90 to $179.89 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. |
| 11 | Common | Common Stock | 2024-02-02 | S | D | 5,320 | $180.42 | 81,410 | D | — | — | (F13) Reflects the weighted average price of 5,320 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 2, 2024 with sales prices ranging from $179.90 to $180.86 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. |
| 12 | Common | Common Stock | 2024-02-01 | S | D | 1,587 | $180.70 | 93,940 | D | — | — | (F8) Reflects the weighted average price of 1,587 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 1, 2024 with sales prices ranging from $179.91 to $180.87 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. |