Stephanie DelaCruz - 10 May 2022 Form 4 Insider Report for PFSWEB INC (PFSW)

Role
Former CAO/VP
Signature
/s/ Thomas J Madden by Power of Attorney
Issuer symbol
PFSW
Transactions as of
10 May 2022
Net transactions value
-$48,488
Form type
4
Filing time
12 May 2022, 16:31:47 UTC
Previous filing
26 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Options Exercise $0 +5,735 +7.5% $0.000000 82,026 10 May 2022 Direct F1
transaction PFSW Common Stock Tax liability $18,156 -1,433 -1.7% $12.67 80,593 10 May 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +4,481 +5.6% $0.000000 85,074 10 May 2022 Direct F1
transaction PFSW Common Stock Tax liability $13,316 -1,051 -1.2% $12.67 84,023 10 May 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +2,595 +3.1% $0.000000 86,618 10 May 2022 Direct F3
transaction PFSW Common Stock Tax liability $8,996 -710 -0.82% $12.67 85,908 10 May 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +2,697 +3.1% $0.000000 88,605 10 May 2022 Direct F3
transaction PFSW Common Stock Tax liability $8,020 -633 -0.71% $12.67 87,972 10 May 2022 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 - 2021 STI Options Exercise $0 -5,735 -100% $0.000000* 0 10 May 2022 Common Stock 5,735 Direct F4
transaction PFSW Performance Share Award - 2019 LTI Options Exercise $0 -4,481 -100% $0.000000* 0 10 May 2022 Common Stock 4,481 Direct F4
transaction PFSW Performance Share Award - 2020 LTI Options Exercise $0 -2,595 -100% $0.000000* 0 10 May 2022 Common Stock 2,595 Direct F5
transaction PFSW Performance Share Award - 2021 LTI Options Exercise $0 -2,697 -100% $0.000000* 0 10 May 2022 Common Stock 2,697 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stephanie DelaCruz is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Issuance of Common Stock upon settlement of previously issued Performance Share Award granted under the Plan.
F2 Shares of Common Stock withheld by Issuer to satisfy tax withholding obligation.
F3 Issuance of Common Stock upon partial settlement of previously issued Performance Share Award granted under the Company's Employee Stock and Incentive Plan (the "Plan").
F4 Settlement of Performance Share Award issued under the Plan.
F5 Partial settlement of Performance Share Award issued under the Plan. The remaining awards under the Plan were forfeited upon separation from employment with the Company.