0001209191-22-045072.txt : 20220809 0001209191-22-045072.hdr.sgml : 20220809 20220809183341 ACCESSION NUMBER: 0001209191-22-045072 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220805 FILED AS OF DATE: 20220809 DATE AS OF CHANGE: 20220809 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ramsey James Burr CENTRAL INDEX KEY: 0001456221 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34702 FILM NUMBER: 221149840 MAIL ADDRESS: STREET 1: C/O NETSUITE INC STREET 2: 2955 CAMPUS DRIVE SUITE 100 CITY: SAN MATEO STATE: CA ZIP: 94403 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 FISCAL YEAR END: 1231 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 2022-08-05 0 0001092699 SPS COMMERCE INC SPSC 0001456221 Ramsey James Burr 333 SOUTH SEVENTH STREET SUITE 1000 MINNEAPOLIS MN 55402 1 0 0 0 Common Stock 2022-08-05 4 M 0 6792 26.14 A 20470 D Common Stock 2022-08-05 4 M 0 3 37.22 A 20473 D Common Stock 2022-08-05 4 S 0 803 127.271 D 19670 D Common Stock 2022-08-05 4 S 0 3668 128.3534 D 16002 D Common Stock 2022-08-05 4 S 0 2324 129.0921 D 13678 D Stock Option (right to buy) 26.14 2022-08-05 4 M 0 6792 0.00 D 2023-05-18 Common Stock 6792 0 D Stock Option (right to buy) 37.22 2022-08-05 4 M 0 3 0.00 D 2025-05-31 Common Stock 3 6567 D Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2022. 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 3,396 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 6,792 shares of Common Stock. This option was previously reported as an option for 3,396 shares of Common stock at an exercise price of $52.27 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019. 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. 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. Reflects the weighted average price of 803 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 5, 2022 with sales prices ranging from $126.73 to $127.61 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 3,668 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 5, 2022 with sales prices ranging from $127.76 to $128.75 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 2,324 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 5, 2022 with sales prices ranging from $128.77 to $129.64 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. Fully vested. /s/ Jonathan R. Zimmerman, Attorney-in-Fact for James B. Ramsey 2022-08-09