SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SORAN PHILIP

(Last) (First) (Middle)
5625 INTERLACHEN CIRCLE

(Street)
EDINA MN 55436

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SPS COMMERCE INC [ SPSC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/05/2012 P(1) 722 A $24.93 722 D
Common Stock 06/20/2012 P(1) 291 A $27.16 2,068 D
Common Stock 07/03/2012 P(1) 164 A $31.36 2,232 D
Common Stock 10/01/2012 S(1)(2) 323 D $38.86 1,909 D
Common Stock 11/01/2012 S(1)(3) 128 D $36.17 1,781 D
Common Stock 03/05/2013 P(1) 143 A $37.76 1,924 D
Common Stock 04/29/2013 S(1)(4) 196 D $46.82 2,676(5) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
2. The reporting person's sale of common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 291 shares, with the reporting person's purchase of 291 shares of common stock at a price of $27.16 per share on June 20, 2012, and to the extent of 32 shares with the reporting person's purchase of 32 shares of common stock at a price of $31.36 per share on July 3, 2012. The reporting person has paid to SPS $3,644.70, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
3. The reporting person's sale of common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 128 shares, with the reporting person's purchase of 128 shares of common stock at a price of $31.36 per share on July 3, 2012. The reporting person has paid to SPS $615.68, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
4. The reporting person's sale of common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 143 shares, with the reporting person's purchase of 143 shares of common stock at a price of $37.76 per share on March 5, 2013. The reporting person has paid to SPS $1,295.58, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
5. This total includes the acquisition of an additional 948 shares on May 15, 2013 that were previously reported on a separate Form 4. This number represents the reporting owner's current direct holdings as of the date of this filing.
Remarks:
/s/ Jonathan R. Zimmerman, attorney-in-fact 02/25/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.