Michael C. Willoughby - Mar 14, 2022 Form 4 Insider Report for PFSWEB INC (PFSW)

Role
CEO/President, Director
Signature
/s/ Thomas J Madden by Power of Attorney
Stock symbol
PFSW
Transactions as of
Mar 14, 2022
Transactions value $
-$608,424
Form type
4
Date filed
3/16/2022, 05:05 PM
Previous filing
Jun 4, 2021
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Options Exercise $0 +34.6K +8.86% $0.00 425K Mar 14, 2022 Direct F1
transaction PFSW Common Stock Tax liability -$151K -13.6K -3.2% $11.10 412K Mar 14, 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +19.3K +4.68% $0.00 431K Mar 14, 2022 Direct F3
transaction PFSW Common Stock Tax liability -$84.2K -7.59K -1.76% $11.10 424K Mar 14, 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +18.2K +4.3% $0.00 442K Mar 14, 2022 Direct F3
transaction PFSW Common Stock Tax liability -$79.5K -7.17K -1.62% $11.10 435K Mar 14, 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +63K +14.5% $0.00 498K Mar 14, 2022 Direct F4
transaction PFSW Common Stock Tax liability -$172K -15.5K -3.12% $11.10 482K Mar 14, 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +33.3K +6.92% $0.00 515K Mar 14, 2022 Direct F5
transaction PFSW Common Stock Tax liability -$101K -9.06K -1.76% $11.10 506K Mar 14, 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +4.74K +0.94% $0.00 511K Mar 14, 2022 Direct F5
transaction PFSW Common Stock Tax liability -$20.7K -1.86K -0.36% $11.10 509K Mar 14, 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 -34.6K -100% $0.00* 0 Mar 14, 2022 Common Stock 34.6K Direct F6
transaction PFSW Restricted Stock Unit - 2020 LTI Options Exercise $0 -19.3K -50% $0.00 19.3K Mar 14, 2022 Common Stock 19.3K Direct F7
transaction PFSW Restricted Stock Unit - 2021 LTI Options Exercise $0 -18.2K -33.33% $0.00 36.4K Mar 14, 2022 Common Stock 18.2K Direct F7
transaction PFSW Performance Share Award - 2019 LTI Options Exercise $0 -63K -100% $0.00* 0 Mar 14, 2022 Common Stock 63K Direct F8
transaction PFSW Performance Share Award - 2020 LTI Options Exercise $0 -33.3K -48.73% $0.00 35.1K Mar 14, 2022 Common Stock 33.3K Direct F9
transaction PFSW Performance Share Award - 2021 STI Options Exercise $0 -4.74K -6.67% $0.00 66.3K Mar 14, 2022 Common Stock 4.74K 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.