Gorman Michael B 4
4 · SPS COMMERCE INC · Filed May 17, 2013
Insider Transaction Report
Form 4
SPS COMMERCE INCSPSC
Gorman Michael B
Director10% Owner
Transactions
- Award
Stock Option (Right to Buy)
2013-05-15+2,644→ 2,644 totalExercise: $48.66Exp: 2020-05-14→ Common Stock (2,644 underlying) - Award
Common Stock
2013-05-15+948→ 22,471 total
Footnotes (2)
- [F1]This reflects a restricted stock award. The shares subject to this award will vest in four equal installments on the last day of each fiscal quarter with the first vesting occurring on June 30, 2013, provided the recipient remains a member of the board as of the vesting date.
- [F2]Shares subject to this Option vest in four equal installments on the last day of each fiscal quarter with the first vesting occurring on June 30, 2013, provided the reporting person remains a member of the board as of the vesting date.