Reaume Marty M 4
4 · SPS COMMERCE INC · Filed Nov 16, 2023
Insider Transaction Report
Form 4
SPS COMMERCE INCSPSC
Reaume Marty M
Director
Transactions
- Sale
Common Stock
2023-11-14$175.81/sh−1,011$177,741→ 9,657 total - Sale
Common Stock
2023-11-14$177.50/sh−376$66,740→ 7,383 total - Exercise/Conversion
Common Stock
2023-11-14$37.22/sh+3,285$122,268→ 10,668 total - Sale
Common Stock
2023-11-14$176.68/sh−1,898$335,347→ 7,759 total - Exercise/Conversion
Stock Option (right to buy)
2023-11-14−3,285→ 3,285 totalExercise: $37.22Exp: 2025-05-31→ Common Stock (3,285 underlying)
Footnotes (7)
- [F1]Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2023.
- [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 pursuant to anti-dilution provisions of the Issuer's 2010 Equity Incentive Plan, an option for 3,285 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 6,570 shares of Common Stock.
- [F3]This option was previously reported as an option for 3,285 shares of Common stock at an exercise price of $74.43 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
- [F4]Reflects the weighted average price of 1,011 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 14, 2023 with sales prices ranging from $175.29 to $176.27 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
- [F5]Reflects the weighted average price of 1,898 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 14, 2023 with sales prices ranging from $176.34 to $177.01 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
- [F6]Reflects the weighted average price of 376 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 14, 2023 with sales prices ranging from $177.47 to $177.58 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
- [F7]Fully vested.