4//SEC Filing
Wilson Murray R. 4
Accession 0001209191-10-024423
CIK 0001092699other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 8:19 PM ET
Size
29.8 KB
Accession
0001209191-10-024423
Insider Transaction Report
Form 4
SPS COMMERCE INCSPSC
Wilson Murray R.
Director10% Owner
Transactions
- Conversion
Common Stock
2010-04-27+1,264,934→ 1,264,934 total(indirect: By River Cities SBIC III, L.P.) - Conversion
Series A Convertible Preferred Stock
2010-04-27−5,516→ 0 total(indirect: By Partnership)→ Common Stock (5,516 underlying) - Conversion
Series B Convertible Preferred Stock
2010-04-27−694,265→ 0 total(indirect: By River Cities SBIC III, L.P.)→ Common Stock (694,265 underlying) - Conversion
Series B Convertible Preferred Stock
2010-04-27−592,488→ 0 total(indirect: By Partnership)→ Common Stock (592,488 underlying) - Conversion
Series A Convertible Preferred Stock
2010-04-27−10,387→ 0 total(indirect: By River Cities SBIC III, L.P.)→ Common Stock (10,387 underlying) - Conversion
Series C Convertible Preferred Stock
2010-04-27−560,282→ 0 total(indirect: By River Cities SBIC III, L.P.)→ Common Stock (560,282 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) - Sale
Common Stock
2010-04-27$11.16/sh−134,357$1,499,424→ 537,429 total(indirect: By Partnership) - Conversion
Common Stock
2010-04-27+664,754→ 671,786 total(indirect: By Partnership) - Sale
Common Stock
2010-04-27$11.16/sh−252,987$2,823,335→ 1,011,947 total(indirect: By River Cities SBIC III, L.P.) - Conversion
Series C Convertible Preferred Stock
2010-04-27−66,750→ 0 total(indirect: By Partnership)→ Common Stock (66,750 underlying)
Holdings
- 7,032(indirect: By Partnership)
Common Stock
Footnotes (6)
- [F1]Represents securities held directly by River Cities Capital Fund II Limited Partnership. Mayson II, Inc. is the general partner of River Cities Management II, L.P., the general partner of River Cities Capital Fund II Limited Partnership. The reporting person is a special consultant to River Cities Management II, L.P. 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 River Cities SBIC III, L.P., which is managed by RCCF Management, Inc. The reporting person is a special consultant to RCCF Management, Inc. 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 River Cities Capital Fund II Limited Partnership and River Cities SBIC III, L.P.
Documents
Issuer
SPS COMMERCE INC
CIK 0001092699
Entity typeother
Related Parties
1- filerCIK 0001489100
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 8:19 PM ET
- Size
- 29.8 KB