Mark Fuentes - 10 May 2022 Form 4 Insider Report for PFSWEB INC (PFSW)

Role
Senior Vice President & CIO
Signature
/s/ Thomas J Madden by Power of Attorney
Issuer symbol
PFSW
Transactions as of
10 May 2022
Net transactions value
-$43,420
Form type
4
Filing time
12 May 2022, 16:37:13 UTC
Previous filing
16 Mar 2022
Next filing
16 Jun 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 +7,649 +8.5% $0.000000 97,319 10 May 2022 Direct F1
transaction PFSW Common Stock Tax liability $22,730 -1,794 -1.8% $12.67 95,525 10 May 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +3,269 +3.4% $0.000000 98,794 10 May 2022 Direct F3
transaction PFSW Common Stock Tax liability $10,896 -860 -0.87% $12.67 97,934 10 May 2022 Direct F2
transaction PFSW Common Stock Options Exercise $0 +3,148 +3.2% $0.000000 101,082 10 May 2022 Direct F3
transaction PFSW Common Stock Tax liability $9,794 -773 -0.76% $12.67 100,309 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 -7,649 -100% $0.000000* 0 10 May 2022 Common Stock 7,649 Direct F4
transaction PFSW Performance Share Award - 2020 LTI Options Exercise $0 -3,269 -50% $0.000000 3,268 10 May 2022 Common Stock 3,269 Direct F5
transaction PFSW Performance Share Award - 2021 LTI Options Exercise $0 -3,148 -33% $0.000000 6,294 10 May 2022 Common Stock 3,148 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 whose remaining shares are subject to future vesting based on future service conditions and other terms and conditions of the Plan and the Performance Stock Unit Award Agreement.