0001209191-23-054190.txt : 20231102
0001209191-23-054190.hdr.sgml : 20231102
20231102171404
ACCESSION NUMBER: 0001209191-23-054190
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231031
FILED AS OF DATE: 20231102
DATE AS OF CHANGE: 20231102
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nelson Kimberly K.
CENTRAL INDEX KEY: 0001489097
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34702
FILM NUMBER: 231373549
MAIL ADDRESS:
STREET 1: 2800 MOUNT RIDGE ROAD
CITY: ROSEVILLE
STATE: MN
ZIP: 55113
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
X0508
4
2023-10-31
0
0001092699
SPS COMMERCE INC
SPSC
0001489097
Nelson Kimberly K.
333 SOUTH SEVENTH STREET
SUITE 1000
MINNEAPOLIS
MN
55402
0
1
0
0
EVP & CFO
1
Common Stock
2023-10-31
4
M
0
11631
27.34
A
158865
D
Common Stock
2023-10-31
4
S
0
88
155.35
D
158777
D
Common Stock
2023-10-31
4
S
0
512
157.5374
D
158265
D
Common Stock
2023-10-31
4
S
0
800
158.542
D
157465
D
Common Stock
2023-10-31
4
S
0
4239
159.4332
D
153226
D
Common Stock
2023-10-31
4
S
0
5992
160.2751
D
147234
D
Common Stock
2023-11-01
4
M
0
10693
27.34
A
157927
D
Common Stock
2023-11-01
4
S
0
80
157.46
D
157847
D
Common Stock
2023-11-01
4
S
0
1803
159.1691
D
156044
D
Common Stock
2023-11-01
4
S
0
4019
159.928
D
152025
D
Common Stock
2023-11-01
4
S
0
4791
161.0844
D
147234
D
Common Stock
2023-11-02
4
M
0
7684
27.34
A
154918
D
Common Stock
2023-11-02
4
M
0
2531
54.54
A
157449
D
Common Stock
2023-11-02
4
S
0
606
163.1522
D
156843
D
Common Stock
2023-11-02
4
S
0
4093
163.6771
D
152750
D
Common Stock
2023-11-02
4
S
0
1494
165.0445
D
151256
D
Common Stock
2023-11-02
4
S
0
4022
165.781
D
147234
D
Common Stock
405.344
I
By 401(k) Plan
Employee Stock Option (right to buy)
27.34
2023-10-31
4
M
0
11631
0.00
D
2025-02-13
Common Stock
11631
21377
D
Employee Stock Option (right to buy)
27.34
2023-11-01
4
M
0
10693
0.00
D
2025-02-13
Common Stock
10693
10684
D
Employee Stock Option (right to buy)
27.34
2023-11-02
4
M
0
7684
0.00
D
2025-02-13
Common Stock
7684
3000
D
Employee Stock Option (right to buy)
54.54
2023-11-02
4
M
0
2531
0.00
D
2026-02-19
Common Stock
2531
15069
D
Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 1, 2023.
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 16,504 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 33,008 shares of Common Stock.
This option was previously reported as an option for 16,504 shares of Common stock at an exercise price of $54.68 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
Reflects the weighted average price of 512 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on October 31, 2023 with sales prices ranging from $156.90 to $157.82 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 800 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on October 31, 2023 with sales prices ranging from $157.90 to $158.89 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.
Reflects the weighted average price of 4,239 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on October 31, 2023 with sales prices ranging from $158.94 to $159.93 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 5,992 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on October 31, 2023 with sales prices ranging from $159.94 to $160.55 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 1,803 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023 with sales prices ranging from $158.48 to $159.47 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 4,019 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023 with sales prices ranging from $159.48 to $160.44 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 4,791 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023 with sales prices ranging from $160.50 to $161.43 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.
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 8,800 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 17,600 shares of Common Stock.
This option was previously reported as an option for 8,800 shares of Common stock at an exercise price of $109.07 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
Reflects the weighted average price of 606 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023 with sales prices ranging from $162.35 to $163.34 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 4,093 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023 with sales prices ranging from $163.35 to $164.29 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 1,494 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023 with sales prices ranging from $164.35 to $165.34 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 4,022 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023 with sales prices ranging from $165.35 to $165.97 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 Kimberly K. Nelson
2023-11-02