R. Zach Thomann - 10 May 2022 Form 4 Insider Report for PFSWEB INC

Role
COO / Executive Vice President
Signature
/s/ Thomas J Madden by Power of Attorney
Issuer symbol
N/A
Transactions as of
10 May 2022
Net transactions value
-$73,980
Form type
4
Filing time
12 May 2022, 16:35:54 UTC
Previous filing
16 Mar 2022
Next filing
16 Jun 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 +14,522 +11% $0.000000 144,997 10 May 2022 Direct F1
transaction PFSW Common Stock Tax liability $63,464 -5,009 -3.5% $12.67 139,988 10 May 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +3,406 +2.4% $0.000000 143,394 10 May 2022 Direct F3
transaction PFSW Common Stock Tax liability $10,516 -830 -0.58% $12.67 142,564 10 May 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 Performance Share Award - 2021 STI Options Exercise $0 -14,522 -100% $0.000000* 0 10 May 2022 Common Stock 14,522 Direct F4
transaction PFSW Restricted Stock Unit - 2022 LTI Award $0 +3,406 $0.000000 3,406 10 May 2022 Common Stock 3,406 Direct F5
transaction PFSW Restricted Stock Unit - 2022 LTI Options Exercise $0 -3,406 -100% $0.000000* 0 10 May 2022 Common Stock 3,406 Direct F6
* 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 Performance Share Award granted under the Plan.
F2 Shares of Common Stock withheld by Issuer to satisfy tax withholding obligation.
F3 Issuance of Common Stock upon settlement of Restricted Stock Unit Award granted under the Plan.
F4 Settlement of Performance Share Award issued under the Plan.
F5 Issuance of Restricted Stock Unit Award under the Company's Employee Stock and Incentive Plan (the "Plan"). Each RSU represents a right to receive one share of Common Stock.
F6 Settlement of Restricted Stock Unit Award issued under the Plan.