Soran Philip's Form 4 filing
SPS Commerce Inc (SPSC) · filed Nov 5, 2021
- Accession no.
- 0001209191-21-063134
- Filed
- Nov 5, 2021
- Trade date
- Nov 3-4, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $662.2K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Soran PhilipCIK 0001233126 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 3, 2021 | Common Stock | MOption exerciseAcquired | +3,004 | $33.69F2,F3 | +$101,204.76 | 19,850 | Direct | |
| Nov 3, 2021 | Common Stock | SSaleDisposed | −3,004 | $145.44 | −$436,901.76 | 16,846 | Direct | |
| Nov 4, 2021 | Common Stock | MOption exerciseAcquired | +1,502 | $33.69 | +$50,602.38 | 18,348 | Direct | |
| Nov 4, 2021 | Common Stock | SSaleDisposed | −1,502 | $150.00 | −$225,300 | 16,846 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 3, 2021 | Common Stock | MOption exerciseDisposed | −3,004 | $0.00 | $0 | 1,502 | Direct | |
| Nov 4, 2021 | Common Stock | MOption exerciseDisposed | −1,502 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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 2,253 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 4,506 shares of Common Stock.
Referenced by the price of 1 transaction in Table I.
- F3
This option was previously reported as an option for 2,253 shares of Common stock at an exercise price of $67.37 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
Referenced by the price of 1 transaction in Table I.