Black Archie C.'s Form 4 filing
SPS Commerce IncSPSC · filed Dec 1, 2023
- Accession no.
- 0001209191-23-057087
- Filed
- Dec 1, 2023
- Trade date
- Nov 29-30, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 11 non-derivative transactions and 2 derivative transactions. Open-market sales total $5.93M. 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 |
|---|---|
| Black Archie C.CIK 0001489095 | 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 29, 2023 | Common Stock | MOption exerciseAcquired | +20,075 | $54.54F2,F3 | +$1,094,890.5 | 80,118 | Direct | |
| Nov 29, 2023 | Common Stock | SSaleDisposed | −10,615 | $171.56F4 | −$1,821,109.4 | 69,503 | Direct | |
| Nov 29, 2023 | Common Stock | SSaleDisposed | −3,298 | $172.77F5 | −$569,795.46 | 66,205 | Direct | |
| Nov 29, 2023 | Common Stock | SSaleDisposed | −1,410 | $173.92F6 | −$245,227.2 | 64,795 | Direct | |
| Nov 29, 2023 | Common Stock | SSaleDisposed | −2,467 | $174.95F7 | −$431,601.65 | 62,328 | Direct | |
| Nov 29, 2023 | Common Stock | SSaleDisposed | −585 | $175.76F8 | −$102,819.6 | 61,743 | Direct | |
| Nov 29, 2023 | Common Stock | SSaleDisposed | −1,400 | $177.16F9 | −$248,024 | 60,343 | Direct | |
| Nov 29, 2023 | Common Stock | SSaleDisposed | −300 | $177.81F10 | −$53,343 | 60,043 | Direct | |
| Nov 30, 2023 | Common Stock | MOption exerciseAcquired | +14,407 | $54.54 | +$785,757.78 | 74,450 | Direct | |
| Nov 30, 2023 | Common Stock | SSaleDisposed | −10,271 | $170.40F11 | −$1,750,178.4 | 64,179 | Direct | |
| Nov 30, 2023 | Common Stock | SSaleDisposed | −4,136 | $171.20F12 | −$708,083.2 | 60,043 | 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 29, 2023 | Common Stock | MOption exerciseDisposed | −20,075 | $0.00 | $0 | 14,407 | Direct | |
| Nov 30, 2023 | Common Stock | MOption exerciseDisposed | −14,407 | $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 17,241 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 34,482 shares of Common Stock.
Referenced by the price of 1 transaction in Table I.
- F3
This option was previously reported as an option for 17,241 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.
- F4
Reflects the weighted average price of 10,615 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $171.38 to $172.35 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 3,298 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $172.40 to $173.37 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 1,410 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $173.53 to $174.52 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 2,467 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $174.53 to $175.47 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.
- F8
Reflects the weighted average price of 585 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $175.59 to $175.88 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 1,400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $176.68 to $177.56 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 300 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $177.70 to $178.00 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
Reflects the weighted average price of 10,271 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 30, 2023 with sales prices ranging from $170.00 to $170.99 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.
- F12
Reflects the weighted average price of 4,136 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 30, 2023 with sales prices ranging from $171.01 to $171.62 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.