MICHAEL C. WILLOUGHBY - 14 Mar 2022 Form 4 Insider Report for PFSWEB INC

Role
CEO/President, Director
Signature
/s/ Thomas J Madden by Power of Attorney
Issuer symbol
N/A
Transactions as of
14 Mar 2022
Net transactions value
-$608,424
Form type
4
Filing time
16 Mar 2022, 17:05:39 UTC
Previous filing
04 Jun 2021
Next filing
12 May 2022
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 +34,611 +8.9% $0.000000 425,439 14 Mar 2022 Direct F1
transaction PFSW Common Stock Tax liability $151,182 -13,620 -3.2% $11.10 411,819 14 Mar 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +19,274 +4.7% $0.000000 431,093 14 Mar 2022 Direct F3
transaction PFSW Common Stock Tax liability $84,194 -7,585 -1.8% $11.10 423,508 14 Mar 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +18,210 +4.3% $0.000000 441,718 14 Mar 2022 Direct F3
transaction PFSW Common Stock Tax liability $79,543 -7,166 -1.6% $11.10 434,552 14 Mar 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +62,998 +14% $0.000000 497,550 14 Mar 2022 Direct F4
transaction PFSW Common Stock Tax liability $172,250 -15,518 -3.1% $11.10 482,032 14 Mar 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +33,347 +6.9% $0.000000 515,379 14 Mar 2022 Direct F5
transaction PFSW Common Stock Tax liability $100,566 -9,060 -1.8% $11.10 506,319 14 Mar 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +4,736 +0.94% $0.000000 511,055 14 Mar 2022 Direct F5
transaction PFSW Common Stock Tax liability $20,690 -1,864 -0.36% $11.10 509,191 14 Mar 2022 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 - 2019 LTI Options Exercise $0 -34,611 -100% $0.000000* 0 14 Mar 2022 Common Stock 34,611 Direct F6
transaction PFSW Restricted Stock Unit - 2020 LTI Options Exercise $0 -19,274 -50% $0.000000 19,274 14 Mar 2022 Common Stock 19,274 Direct F7
transaction PFSW Restricted Stock Unit - 2021 LTI Options Exercise $0 -18,210 -33% $0.000000 36,423 14 Mar 2022 Common Stock 18,210 Direct F7
transaction PFSW Performance Share Award - 2019 LTI Options Exercise $0 -62,998 -100% $0.000000* 0 14 Mar 2022 Common Stock 62,998 Direct F8
transaction PFSW Performance Share Award - 2020 LTI Options Exercise $0 -33,347 -49% $0.000000 35,080 14 Mar 2022 Common Stock 33,347 Direct F9
transaction PFSW Performance Share Award - 2021 STI Options Exercise $0 -4,736 -6.7% $0.000000 66,294 14 Mar 2022 Common Stock 4,736 Direct F9
* 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 Units 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 Issuance of Common Stock upon partial settlement of previously issued Restricted Stock Units granted under the Plan.
F4 Issuance of Common Stock upon settlement of previously issued Performance Share Award granted under the Plan.
F5 Issuance of Common Stock upon partial settlement of previously issued Performance Share Award granted under the Company's Employee Stock and Incentive Plan (the "Plan").
F6 Settlement of Restricted Stock Unit Award issued under the Plan.
F7 Partial settlement of Restricted Stock Unit Award granted under the Plan whose remaining shares are subject to future vesting based on future service conditions and other terms and conditions of the Plan and the Restricted Stock Unit Award Agreement.
F8 Settlement of Performance Share Award issued under the Plan.
F9 Partial settlement of Performance Share Award issued under the Plan whose remaining shares are subject to future vesting based on future service and market price measurement conditions.