Nelson Kimberly K.'s Form 4 filing
SPS Commerce IncSPSC · filed Nov 2, 2023
- Accession no.
- 0001209191-23-054190
- Filed
- Nov 2, 2023
- Trade date
- Oct 31-Nov 2, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 17 non-derivative transactions and 4 derivative transactions. Open-market sales total $5.25M. 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 |
|---|---|
| Nelson Kimberly K.CIK 0001489097 | Officer (EVP & CFO) |
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 |
|---|---|---|---|---|---|---|---|---|
| Oct 31, 2023 | Common Stock | MOption exerciseAcquired | +11,631 | $27.34F2,F3 | +$317,991.54 | 158,865 | Direct | |
| Oct 31, 2023 | Common Stock | SSaleDisposed | −88 | $155.35 | −$13,670.8 | 158,777 | Direct | |
| Oct 31, 2023 | Common Stock | SSaleDisposed | −512 | $157.54F4 | −$80,660.48 | 158,265 | Direct | |
| Oct 31, 2023 | Common Stock | SSaleDisposed | −800 | $158.54F5 | −$126,832 | 157,465 | Direct | |
| Oct 31, 2023 | Common Stock | SSaleDisposed | −4,239 | $159.43F6 | −$675,823.77 | 153,226 | Direct | |
| Oct 31, 2023 | Common Stock | SSaleDisposed | −5,992 | $160.28F7 | −$960,397.76 | 147,234 | Direct | |
| Nov 1, 2023 | Common Stock | MOption exerciseAcquired | +10,693 | $27.34 | +$292,346.62 | 157,927 | Direct | |
| Nov 1, 2023 | Common Stock | SSaleDisposed | −80 | $157.46 | −$12,596.8 | 157,847 | Direct | |
| Nov 1, 2023 | Common Stock | SSaleDisposed | −1,803 | $159.17F8 | −$286,983.51 | 156,044 | Direct | |
| Nov 1, 2023 | Common Stock | SSaleDisposed | −4,019 | $159.93F9 | −$642,758.67 | 152,025 | Direct | |
| Nov 1, 2023 | Common Stock | SSaleDisposed | −4,791 | $161.08F10 | −$771,734.28 | 147,234 | Direct | |
| Nov 2, 2023 | Common Stock | MOption exerciseAcquired | +7,684 | $27.34 | +$210,080.56 | 154,918 | Direct | |
| Nov 2, 2023 | Common Stock | MOption exerciseAcquired | +2,531 | $54.54F11,F12 | +$138,040.74 | 157,449 | Direct | |
| Nov 2, 2023 | Common Stock | SSaleDisposed | −606 | $163.15F13 | −$98,868.9 | 156,843 | Direct | |
| Nov 2, 2023 | Common Stock | SSaleDisposed | −4,093 | $163.68F14 | −$669,942.24 | 152,750 | Direct | |
| Nov 2, 2023 | Common Stock | SSaleDisposed | −1,494 | $165.04F15 | −$246,569.76 | 151,256 | Direct | |
| Nov 2, 2023 | Common Stock | SSaleDisposed | −4,022 | $165.78F16 | −$666,767.16 | 147,234 | 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 |
|---|---|---|---|---|---|---|---|---|
| Oct 31, 2023 | Common Stock | MOption exerciseDisposed | −11,631 | $0.00 | $0 | 21,377 | Direct | |
| Nov 1, 2023 | Common Stock | MOption exerciseDisposed | −10,693 | $0.00 | $0 | 10,684 | Direct | |
| Nov 2, 2023 | Common Stock | MOption exerciseDisposed | −7,684 | $0.00 | $0 | 3,000 | Direct | |
| Nov 2, 2023 | Common Stock | MOption exerciseDisposed | −2,531 | $0.00 | $0 | 15,069 | 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 16,504 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 33,008 shares of Common Stock.
Referenced by the price of 1 transaction in Table I.
- F3
This option was previously reported as an option for 16,504 shares of Common stock at an exercise price of $54.68 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.
- F4
Reflects the weighted average price of 512 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on October 31, 2023 with sales prices ranging from $156.90 to $157.82 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.
Referenced by the price of 1 transaction in Table I.
- F5
Reflects the weighted average price of 800 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on October 31, 2023 with sales prices ranging from $157.90 to $158.89 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.
Referenced by the price of 1 transaction in Table I.
- F6
Reflects the weighted average price of 4,239 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on October 31, 2023 with sales prices ranging from $158.94 to $159.93 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.
Referenced by the price of 1 transaction in Table I.
- F7
Reflects the weighted average price of 5,992 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on October 31, 2023 with sales prices ranging from $159.94 to $160.55 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.
Referenced by the price of 1 transaction in Table I.
- F8
Reflects the weighted average price of 1,803 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023 with sales prices ranging from $158.48 to $159.47 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.
Referenced by the price of 1 transaction in Table I.
- F9
Reflects the weighted average price of 4,019 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023 with sales prices ranging from $159.48 to $160.44 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.
Referenced by the price of 1 transaction in Table I.
- F10
Reflects the weighted average price of 4,791 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 1, 2023 with sales prices ranging from $160.50 to $161.43 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.
Referenced by the price of 1 transaction in Table I.
- F11
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 8,800 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 17,600 shares of Common Stock.
Referenced by the price of 1 transaction in Table I.
- F12
This option was previously reported as an option for 8,800 shares of Common stock at an exercise price of $109.07 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.
- F13
Reflects the weighted average price of 606 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023 with sales prices ranging from $162.35 to $163.34 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.
Referenced by the price of 1 transaction in Table I.
- F14
Reflects the weighted average price of 4,093 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023 with sales prices ranging from $163.35 to $164.29 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.
Referenced by the price of 1 transaction in Table I.
- F15
Reflects the weighted average price of 1,494 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023 with sales prices ranging from $164.35 to $165.34 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.
Referenced by the price of 1 transaction in Table I.
- F16
Reflects the weighted average price of 4,022 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 2, 2023 with sales prices ranging from $165.35 to $165.97 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.
Referenced by the price of 1 transaction in Table I.