4//SEC Filing
Cobb Steve A. 4
Accession 0001209191-10-024418
CIK 0001092699other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 8:12 PM ET
Size
27.4 KB
Accession
0001209191-10-024418
Insider Transaction Report
Form 4
SPS COMMERCE INCSPSC
Cobb Steve A.
Director10% Owner
Transactions
- Conversion
Series A Convertible Preferred Stock
2010-04-27−168,621→ 0 total(indirect: By Trust)→ Common Stock (168,621 underlying) - Conversion
Series C Convertible Preferred Stock
2010-04-27−240,765→ 0 total(indirect: By CID Mezzanine Capital, L.P.)→ Common Stock (240,765 underlying) - Conversion
Common Stock
2010-04-27+1,575,829→ 1,575,829 total(indirect: By CID Mezzanine Capital, L.P.) - Conversion
Series B Convertible Preferred Stock
2010-04-27−1,252,962→ 0 total(indirect: By CID Mezzanine Capital, L.P.)→ Common Stock (1,252,962 underlying) - Award
Stock Option (Right to Buy)
2010-04-27+16,020→ 16,020 totalExercise: $12.00Exp: 2020-04-26→ Common Stock (16,020 underlying) - Conversion
Common Stock
2010-04-27+349,899→ 363,963 total(indirect: By Trust) - Sale
Common Stock
2010-04-27$11.16/sh−98,668$1,101,135→ 265,295 total(indirect: By Trust) - Sale
Common Stock
2010-04-27$11.16/sh−427,189$4,767,429→ 1,148,640 total(indirect: By CID Mezzanine Capital, L.P.) - Conversion
Series B Convertible Preferred Stock
2010-04-27−181,278→ 0 total(indirect: By Trust)→ Common Stock (181,278 underlying) - Conversion
Series A Convertible Preferred Stock
2010-04-27−82,102→ 0 total(indirect: By CID Mezzanine Capital, L.P.)→ Common Stock (82,102 underlying)
Holdings
- 14,064(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Represents securities held directly by CID Equity Fund V Liquidating Trust. CID Equity Partners V is the trustee of the CID Equity Fund V Liquidating Trust and Aplin Partners, LLC is the general partner of CID Equity Partners V. The reporting person is a representative to an advisory board that affects the voting and disposition of the shares. The reporting person may be deemed to be an indirect beneficial owner of the reported securities. The reporting person disclaims any beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]The securities converted into the Issuer's Common Stock at a rate of one-for-one.
- [F3]Represents securities held directly by CID Mezzanine Capital, L.P, which is managed by CID Mezzanine Partners, L.P. The reporting person is a representative to an advisory board that affects the voting and disposition of the shares. The reporting person may be deemed to be an indirect beneficial owner of the reported securities. The reporting person disclaims any beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F4]The securities do not have an expiration date. Each share of Series A, Series B and Series C Convertible Preferred Stock automatically converted into shares of Common Stock in connection with the closing of the Issuer's initial public offering on April 27, 2010. Prior to its conversion into the Issuer's Common Stock, the Series A, Series B and Series C Convertible Preferred Stock was convertible at any time at the option of the holder.
- [F5]This Option vests as to 1/36th of the Shares subject to this Option upon completion of each additional month of service commencing on May 27, 2010.
- [F6]The reporting person holds this Option for the sole benefit of CID Capital, Inc.
Documents
Issuer
SPS COMMERCE INC
CIK 0001092699
Entity typeother
Related Parties
1- filerCIK 0001489317
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 8:12 PM ET
- Size
- 27.4 KB