Filing Details

Accession Number:
0001209191-13-050052
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-10-31 18:21:17
Reporting Period:
2013-10-29
Filing Date:
2013-10-31
Accepted Time:
2013-10-31 18:21:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1092699 Sps Commerce Inc SPSC Services-Prepackaged Software (7372) 411593154
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1489265 J. James Frome 333 South Seventh Street
Suite 1000
Minneapolis MN 55402
Evp & Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-10-29 3,817 $0.37 16,386 No 4 M Direct
Common Stock Disposition 2013-10-29 3,416 $75.30 12,970 No 4 S Direct
Common Stock Disposition 2013-10-29 401 $75.87 12,569 No 4 S Direct
Common Stock Acquisiton 2013-10-30 2,858 $0.37 15,427 No 4 M Direct
Common Stock Acquisiton 2013-10-30 3,027 $12.00 18,454 No 4 M Direct
Common Stock Disposition 2013-10-30 2,460 $72.63 15,994 No 4 S Direct
Common Stock Disposition 2013-10-30 2,766 $73.29 13,228 No 4 S Direct
Common Stock Disposition 2013-10-30 559 $74.19 12,669 No 4 S Direct
Common Stock Disposition 2013-10-30 100 $75.16 12,569 No 4 S Direct
Common Stock Acquisiton 2013-10-31 11,013 $12.00 23,582 No 4 M Direct
Common Stock Disposition 2013-10-31 2,989 $68.48 20,593 No 4 S Direct
Common Stock Disposition 2013-10-31 3,771 $69.68 16,822 No 4 S Direct
Common Stock Disposition 2013-10-31 3,600 $70.84 13,222 No 4 S Direct
Common Stock Disposition 2013-10-31 653 $71.53 12,569 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Commmon Stock Employee Stock Option (right to buy) Disposition 2013-10-29 3,817 $0.00 3,817 $0.37
Common Stock Employee Stock Option (right to buy) Disposition 2013-10-30 2,858 $0.00 2,858 $0.37
Common Stock Employee Stock Option (right to buy) Disposition 2013-10-30 3,027 $0.00 3,027 $12.00
Common Stock Employee Stock Option (right to buy) Disposition 2012-10-31 11,013 $0.00 11,013 $12.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,858 2016-03-31 No 4 M Direct
0 2016-03-31 No 4 M Direct
53,043 2020-04-26 No 4 M Direct
42,030 2020-04-26 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person.
  2. Reflects the weighted average price of 3,416 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/29/2013 with sale prices ranging from $74.58 to $75.55 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 sold at each separate price.
  3. Reflects the weighted average price of 401 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/29/2013 with sale prices ranging from $75.58 to $76.24 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 sold at each separate price.
  4. Reflects the weighted average price of 2,460 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/30/2013 with sale prices ranging from $71.95 to $72.92 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 sold at each separate price.
  5. Reflects the weighted average price of 2,766 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/30/2013 with sale prices ranging from $72.95 to $73.94 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 sold at each separate price.
  6. Reflects the weighted average price of 559 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/30/2013 with sale prices ranging from $73.96 to $74.46 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 sold at each separate price.
  7. Reflects the weighted average price of 100 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/30/2013 with sale prices ranging from $75.16 to $75.16 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 sold at each separate price.
  8. Reflects the weighted average price of 2,989 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/31/2013 with sale prices ranging from $68.13 to $69.10 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 sold at each separate price.
  9. Reflects the weighted average price of 3,771 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/31/2013 with sale prices ranging from $69.23 to $70.19 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 sold at each separate price.
  10. Reflects the weighted average price of 3,600 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/31/2013 with sale prices ranging from $70.25 to $71.21 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 sold at each separate price.
  11. Reflects the weighted average price of 653 shares of common stock of SPS Commerce, Inc. sold by the reporting person in multiple transactions on 10/31/2013 with sale prices ranging from $71.27 to $71.63 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 sold at each separate price.
  12. Fully vested.
  13. This option vests as to (i) 1/4th of the shares subject to this option on May 1, 2011 and (ii) 1/36th of the remaining shares subject to this option on the 1st day of each month, commencing on June 1, 2011.