---
schema_version: "secwatch.filing_event.v1"
accession: "0001092699-22-000019"
form_type: "8-K"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2022-11-25T23:59:59+00:00"
generated_at: "2026-06-21T12:58:27.793631+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.0
calibrated_materiality_score: 0.0
confidence: "high"
source: SEC EDGAR
---

# SPS Commerce files revised equity award forms under 2010 Plan

## Summary
- Updated Non-Statutory Stock Option, RSU, and Performance Stock Unit forms filed as Exhibits 10.1–10.3.
- Retirement vesting accelerated at age 58 with 10 years service or age 65; requires 6-month notice and release.
- Double-trigger acceleration: full vesting if award is assumed in a Corporate Transaction and service terminated within 1 year.
- Option agreement permits cash, broker-assisted cashless, share withholding, or share tender payment; RSU/PSU settlement within prescribed periods.

## SEC filing metadata
- accession: 0001092699-22-000019
- form_type: 8-K
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2022-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.0
- calibrated_materiality_score: 0.0
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092699/000109269922000019/0001092699-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000109269922000019/spsc-20221125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001092699-22-000019
- JSON: https://secwatch.observer/filing/0001092699-22-000019.json
- Plain text: https://secwatch.observer/filing/0001092699-22-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
