FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Frome James J.
2. Issuer Name and Ticker or Trading Symbol

SPS COMMERCE INC [ SPSC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP & Chief Operating Officer
(Last)          (First)          (Middle)

333 SOUTH SEVENTH STREET, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YYYY)

8/3/2020
(Street)

MINNEAPOLIS, MN 55402
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 8/3/2020  M(1)  17104 A$24.04 59537 D  
Common Stock 8/3/2020  M(1)  26530 (2)(3)A$27.85 (2)(3)86067 D  
Common Stock 8/3/2020  S(1)  23126 D$74.0482 (4)62941 D  
Common Stock 8/3/2020  S(1)  20508 D$74.6527 (5)42433 D  
Common Stock         294.401 I By 401(k) Plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) $24.04 8/3/2020  M (1)    17104   (6)2/5/2023 Common Stock 17104 $0.00 0 D  
Employee Stock Option (right to buy) $27.85 (3)8/3/2020  M (1)    26530 (3)  (7)2/14/2024 Common Stock 26530 (3)$0.00 6124 (3)D  

Explanation of Responses:
(1) Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2020.
(2) 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 16,327 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 32,654 shares of Common Stock.
(3) This option was previously reported as an option for 16,327 shares of Common stock at an exercise price of $55.70 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
(4) Reflects the weighted average price of 23,126 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 3, 2020 with sales prices ranging from $73.36 to $74.35 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.
(5) Reflects the weighted average price of 20,508 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on August 3, 2020 with sales prices ranging from $74.37 to $75.24 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.
(6) Fully vested.
(7) Options vest as to 25% of the shares on February 14, 2018. The remaining shares vest in a series of 36 successive equal monthly installments upon completion of each additional month of service (commencing on March 14, 2018).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Frome James J.
333 SOUTH SEVENTH STREET
SUITE 1000
MINNEAPOLIS, MN 55402


EVP & Chief Operating Officer

Signatures
/s/ Jonathan R. Zimmerman, attorney-in-fact for James J. Frome8/5/2020
**Signature of Reporting PersonDate

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