Eli Samaha - Dec 28, 2022 Form 4 Insider Report for PFSWEB INC (PFSW)

Role
10%+ Owner
Signature
Eli Samaha
Stock symbol
PFSW
Transactions as of
Dec 28, 2022
Transactions value $
$0
Form type
4
Date filed
12/30/2022, 03:59 PM
Previous filing
Oct 21, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Sale -$10.4M -1.75M -66.46% $5.92 883K Dec 28, 2022 See Footnote F1
transaction PFSW Common Stock Purchase $10.4M +1.75M +198.15% $5.92 2.63M Dec 28, 2022 See Footnote F1
transaction PFSW Common Stock Sale -$5.3M -883K -33.53% $6.00 1.75M Dec 29, 2022 See Footnote F1
transaction PFSW Common Stock Purchase $5.3M +883K +50.45% $6.00 2.63M Dec 29, 2022 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by funds managed by Madison Avenue Partners, LP. The Reporting person is the managing partner of Madison Avenue Partners, LP. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the pecuniary interest of the Reporting Person 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.