David J. Spitz - Mar 1, 2022 Form 4 Insider Report for CHANNELADVISOR CORP (ECOM)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECOM	Common Stock	Award	$0	+49.6K	+18.48%	$0.00	318K	Mar 1, 2022	Direct	F1, F2
transaction	ECOM	Common Stock	Tax liability	-$90.8K	-5.11K	-1.61%	$17.78	313K	Mar 1, 2022	Direct	F3
transaction	ECOM	Common Stock	Tax liability	-$140K	-7.76K	-2.48%	$18.11	305K	Mar 2, 2022	Direct	F3
transaction	ECOM	Common Stock	Award	$0	+105K	+34.31%	$0.00	410K	Mar 2, 2022	Direct	F1, F4
transaction	ECOM	Common Stock	Tax liability	-$327K	-18K	-4.4%	$18.11	392K	Mar 2, 2022	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F2	The shares underlying these restricted stock units vest in four equal annual installments beginning on March 1, 2023, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.
F3	The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
F4	Of the shares underlying this restricted stock unit award, one-half vested on March 2, 2022 and the remainder will vest on March 2, 2023, subject to the reporting person's continuous service with the issuer as of the vesting date.
F5	The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (4) herein.