Eli Samaha - Apr 27, 2022 Form 4 Insider Report for PFSWEB INC (PFSW)

Role
10%+ Owner
Signature
Eli Samaha
Stock symbol
PFSW
Transactions as of
Apr 27, 2022
Transactions value $
$709,602
Form type
4
Date filed
4/29/2022, 04:50 PM
Previous filing
Apr 26, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Purchase $236K +21.1K +0.83% $11.19 2.55M Apr 27, 2022 See Footnotes F1, F4, F5
transaction PFSW Common Stock Purchase $451K +40.1K +1.57% $11.25 2.59M Apr 28, 2022 See Footnotes F2, F4, F5
transaction PFSW Common Stock Purchase $22.5K +2K +0.08% $11.24 2.6M Apr 29, 2022 See Footnotes F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.14 to $11.20, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2 The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.24 to $11.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F3 The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.22 to $11.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F4 These shares are held by funds managed by Madison Avenue Partners, LP. The Reporting Person is the managing partner of Madison Avenue Partners, LP.
F5 The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial ownership of such securities.