Speed Commerce (SPDC) Form 4 Speed Commerce / Rebecca Lynn Atchison ownership change

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^*

Atchison Rebecca Lynn

(Last) (First) (Middle)

1303 E. ARAPAHO ROAD

SUITE 200

(Street)

RICHARDSON TX 75081

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Speed Commerce, Inc. [ SPDC ]

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)
04/01/2015

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

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
Stock Option (right to buy)	$0	04/01/2015		A		12,000		04/01/2016(1)	03/31/2025	Common Stock	12,000	$0	12,000	D
Restricted Stock Unit	$0	04/01/2015		A		8,000		04/01/2016(2)	04/01/2018	Common Stock	8,000	$0	8,000	D

Explanation of Responses:

1. Nonemployee Director nonqualified stock option covering 12,000 shares of the Issuer's Common Stock granted pursuant to the terms in the Issuer's 2014 Stock Option and Incentive Plan, as approved by the stockholders, and exercisable in three annual installments of 4,000 shares on each of April 1, 2016, 2017 and 2018.

2. Non-employee director restricted stock unit granted pursuant to the terms of the Issuer's 2014 Stock Option and Incentive Plan, as approved by stockholders, and vesting in three installments of 2,666 shares, 2,667 shares and 2,667 shares on April 1, 2016, 2017 and 2018, conditioned upon continued service with the Issuer as a director. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock once vested.

	/s/ Rebecca Lynn Atchison	04/03/2015
	** 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).
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