Elizabeth Segovia - Mar 1, 2022 Form 4 Insider Report for CHANNELADVISOR CORP (ECOM)

Role
Chief Operating Officer
Signature
/s/ Brian F. Leaf, attorney-in-fact
Stock symbol
ECOM
Transactions as of
Mar 1, 2022
Transactions value $
-$150,752
Form type
4
Date filed
3/3/2022, 03:21 PM
Previous filing
Nov 8, 2021
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECOM Common Stock Award $0 +19.6K +27.7% $0.00 90.2K Mar 1, 2022 Direct F1, F2, F3
transaction ECOM Common Stock Tax liability -$50.5K -2.84K -3.15% $17.78 87.3K Mar 1, 2022 Direct F4
transaction ECOM Common Stock Tax liability -$25.1K -1.38K -1.58% $18.11 86K Mar 2, 2022 Direct F4
transaction ECOM Common Stock Award $0 +28.2K +32.8% $0.00 114K Mar 2, 2022 Direct F1, F5
transaction ECOM Common Stock Tax liability -$75.2K -4.15K -3.64% $18.11 110K Mar 2, 2022 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 On November 8, 2021, the reporting person filed a Form 4 reporting the disposition of 8,621 shares. The correct number of shares was 3,506 shares, and the number of shares beneficially owned following that transaction was 70,620 shares. Amounts reported on this Form 4 have been adjusted accordingly.
F4 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.
F5 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.
F6 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 (5) herein.