Filing Details
- Accession Number:
- 0001209191-20-045220
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-05 17:34:45
- Reporting Period:
- 2020-08-03
- Accepted Time:
- 2020-08-05 17:34:45
- 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 |
|---|---|---|---|---|---|---|---|
| 1489095 | C. Archie Black | 333 South Seventh Street Suite 1000 Minneapolis MN 55402 | Ceo | Yes | 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 | 2020-08-03 | 47,102 | $32.98 | 127,611 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-08-03 | 24,209 | $74.05 | 103,402 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-08-03 | 22,893 | $74.66 | 80,509 | 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2020-08-03 | 47,102 | $0.00 | 47,102 | $32.98 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-02-10 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 400 | Indirect | By Son-I |
| Common Stock | 400 | Indirect | By Son-II |
| Common Stock | 400 | Indirect | By Son-III |
| Common Stock | 400 | Indirect | By Son-IV |
| Common Stock | 297 | Indirect | By 401(k) Plan |
Footnotes
- Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2020.
- 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 23,551 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 47,102 shares of Common Stock.
- This option was previously reported as an option for 23,551 shares of Common stock at an exercise price of $65.95 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
- Reflects the weighted average price of 24,209 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 3, 2020 with sales prices ranging from $73.35 to $74.34 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 22,893 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 3, 2020 with sales prices ranging from $74.35 to $75.22 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.
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