SPS COMMERCE INC 4
4 · SPS COMMERCE INC · Filed May 20, 2016
Insider Transaction Report
Form 4
SPS COMMERCE INCSPSC
Smerklo Michael A
Director
Transactions
- Award
Stock Option (right to buy)
2016-05-18+3,396→ 3,396 totalExercise: $52.27Exp: 2023-05-18→ Common Stock (3,396 underlying) - Award
Common Stock
2016-05-18+1,013→ 1,921 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, 2016, 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, 2016, provided the recipient remains a member of the board as of the vesting date.