Stephanie DelaCruz - 18 May 2021 Form 4 Insider Report for PFSWEB INC

Role: Chief Accounting Officer/VP
Signature: /s/ Thomas J Madden by Power of Attorney
Issuer symbol: N/A
Transactions as of: 18 May 2021
Net transactions value: -$38,522
Form type: 4
Filing time: 20 May 2021, 16:31:36 UTC
Next filing: 08 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PFSW	Common Stock	Options Exercise	$0	+15,130	+27%	$0.000000	71,963	18 May 2021	Direct	F1
transaction	PFSW	Common Stock	Tax liability	$38,522	-4,870	-6.8%	$7.91	67,093	18 May 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PFSW	Restricted Stock Unit	Options Exercise	$0	-20,000	-100%	$0.000000^*	0	18 May 2021	Common Stock	20,000		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Issuance of Common Stock upon settlement of previously issued Restricted Stock Unit Award granted under the Company's Employee Stock and Incentive Plan (the "Plan").
F2	Shares of common stock withheld by Issuer to satisfy tax withholding obligation.
F3	Settlement of Restricted Stock Unit Award issued under the Plan.