MICHAEL C. WILLOUGHBY - 21 Feb 2023 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
21 Feb 2023
Net transactions value
-$185,599
Form type
4
Filing time
23 Feb 2023, 15:06:36 UTC
Previous filing
09 Mar 2023
Next filing
22 Mar 2023
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 +19,274 +3.9% $0.000000 510,605 21 Feb 2023 Direct F1
transaction PFSW Common Stock Tax liability $36,407 -5,354 -1% $6.80 505,251 21 Feb 2023 Direct F2
transaction PFSW Common Stock Options Exercise $0 +18,210 +3.6% $0.000000 523,461 21 Feb 2023 Direct F3
transaction PFSW Common Stock Tax liability $30,151 -4,434 -0.85% $6.80 519,027 21 Feb 2023 Direct F2
transaction PFSW Common Stock Options Exercise $0 +11,033 +2.1% $0.000000 530,060 21 Feb 2023 Direct F3
transaction PFSW Common Stock Tax liability $18,272 -2,687 -0.51% $6.80 527,373 21 Feb 2023 Direct F2
transaction PFSW Common Stock Options Exercise $0 +28,952 +5.5% $0.000000 556,325 21 Feb 2023 Direct F4
transaction PFSW Common Stock Tax liability $48,593 -7,146 -1.3% $6.80 549,179 21 Feb 2023 Direct F2
transaction PFSW Common Stock Options Exercise $0 +31,508 +5.7% $0.000000 580,687 21 Feb 2023 Direct F5
transaction PFSW Common Stock Tax liability $52,176 -7,673 -1.3% $6.80 573,014 21 Feb 2023 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 - 2020 LTI Options Exercise $0 -19,274 -100% $0.000000* 0 21 Feb 2023 Common Stock 19,274 Direct F6
transaction PFSW Restricted Stock Unit - 2021 LTI Options Exercise $0 -18,210 -50% $0.000000 18,213 21 Feb 2023 Common Stock 18,210 Direct F7
transaction PFSW Restricted Stock Unit - 2022 LTI Options Exercise $0 -11,033 -33% $0.000000 22,065 21 Feb 2023 Common Stock 11,033 Direct F7
transaction PFSW Performance Share Award - 2020 LTI Options Exercise $0 -28,952 -100% $0.000000* 0 21 Feb 2023 Common Stock 28,952 Direct F8
transaction PFSW Performance Share Award - 2021 LTI Options Exercise $0 -31,508 -49% $0.000000 33,094 21 Feb 2023 Common Stock 31,508 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 Unit Award 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.
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.