Michael C. Willoughby - Mar 21, 2023 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 21, 2023
Transactions value $
-$29,735
Form type
4
Date filed
3/23/2023, 04:26 PM
Previous filing
Feb 23, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Options Exercise $0 +19K +3.05% $0.00 642K Mar 21, 2023 Direct F1
transaction PFSW Common Stock Tax liability -$29.7K -7.49K -1.17% $3.97 635K Mar 21, 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 -19K -100% $0.00* 0 Mar 21, 2023 Common Stock 19K 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.