LEESTMA MARTIN J 4
4 · SPS COMMERCE INC · Filed May 20, 2020
Insider Transaction Report
Form 4
SPS COMMERCE INCSPSC
LEESTMA MARTIN J
Director
Transactions
- Award
Common Stock
2020-05-18+1,440→ 28,318 total - Award
Stock Option (right to buy)
2020-05-18+4,536→ 4,536 totalExercise: $59.00Exp: 2027-05-18→ Common Stock (4,536 underlying)
Footnotes (3)
- [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, 2020, provided the recipient remains a member of the board as of the vesting date.
- [F2]On July 25, 2019, the Issuer announced that its board of directors declared a two-for-one stock split of the Common Stock of the Issuer, effected in the form of a 100 percent stock dividend as of the record date on August 8, 2019. The stock split dividend was distributed on August 22, 2019, and at that time the reporting person received 13,439 shares of Common Stock of the Issuer.
- [F3]This option shall vest in four equal installments on the last day of each fiscal quarter with the first vesting occurring on June 30, 2020, provided the reporting person remains a member of the board as of the vesting date.