Gray Michael J. 4
4 · SPS COMMERCE INC · Filed Feb 17, 2012
Insider Transaction Report
Form 4
SPS COMMERCE INCSPSC
Gray Michael J.
EVP of Operations
Transactions
- Award
Common Stock
2012-02-10+6,319→ 6,319 total - Exercise/Conversion
Common Stock
2012-02-15$2.43/sh+400$974→ 6,719 total - Sale
Common Stock
2012-02-15$25.00/sh−300$7,500→ 6,319 total - Award
Employee Stock Option (right to buy)
2012-02-10+15,968→ 15,968 totalExercise: $25.32Exp: 2013-02-09→ Common Stock (15,968 underlying) - Sale
Common Stock
2012-02-15$25.01/sh−100$2,501→ 6,619 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-02-15−400→ 65,950 totalExercise: $2.43Exp: 2019-03-31→ Common Stock (400 underlying)
Footnotes (3)
- [F1]This reflects a restricted stock unit award. Each restricted stock unit represents a contingent right to receive one share of SPS Commerce, Inc. common stock. The restricted stock units vest as to (i) 1/4th of the Shares subject to this award on February 10, 2013 and (ii) 1/36th of the remaining Shares subject to this award on the 1st day of each month, commencing March 1, 2013.
- [F2]This Option vests as to (i) 1/4th of the Shares subject to this Option on February 10, 2013 and (ii) 1/36th of the remaining Shares subject to this Option on the 1st day of each month, commencing on March 1, 2013.
- [F3]This Option vests as to (i) 1/4th of the Shares subject to this Option on January 1, 2010 and (ii) 1/36th of the remaining Shares subject to this Option on the 1st day of each month, commencing on February 1, 2010.