Gray Michael J. 4
4 · SPS COMMERCE INC · Filed Jul 3, 2012
Insider Transaction Report
Form 4
SPS COMMERCE INCSPSC
Gray Michael J.
EVP of Operations
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2012-06-29−10,000→ 50,100 totalExercise: $2.43Exp: 2019-03-31→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2012-06-29$2.43/sh+10,000$24,345→ 16,319 total - Sale
Common Stock
2012-06-29$30.01/sh−6,075$182,306→ 10,244 total - Sale
Common Stock
2012-06-29$30.00/sh−3,925$117,759→ 6,319 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person.
- [F2]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.