MICHAEL C. WILLOUGHBY - 21 Mar 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 Mar 2023
Net transactions value
-$29,735
Form type
4
Filing time
23 Mar 2023, 16:26:33 UTC
Previous filing
23 Feb 2023
Next filing
04 Apr 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 +19,032 +3.1% $0.000000 642,046 21 Mar 2023 Direct F1
transaction PFSW Common Stock Tax liability $29,735 -7,490 -1.2% $3.97 634,556 21 Mar 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 Performance Share Award - 2022 STI Options Exercise $0 -19,032 -100% $0.000000* 0 21 Mar 2023 Common Stock 19,032 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 Performance Share 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 Performance Share Award issued under the Plan.