In this paper we propose a different (and equivalent) norm on $S^{2} ({mathbb{D}})$ which consists of functions whose derivatives are in the Hardy space of unit disk. The reproducing kernel of $S^{2}({mathbb{D}})$ in this norm admits an explicit form, and it is a complete Nevanlinna-Pick kernel. Furthermore, there is a surprising connection of this norm with $3$ -isometries. We then study composition and multiplication operators on this space. Specifically, we obtain an upper bound for the norm of $C_{varphi}$ for a class of composition operators. We completely characterize multiplication operators which are $m$-isometries. As an application of the 3-isometry, we describe the reducing subspaces of $M_{varphi}$ on $S^{2}({mathbb{D}})$ when $varphi$ is a finite Blaschke product of order 2.