Thomas J. Madden - 10 May 2022 Form 4 Insider Report for PFSWEB INC (PFSW)

Signature
/s/ Thomas J Madden
Issuer symbol
PFSW
Transactions as of
10 May 2022
Transactions value $
-$136,279
Form type
4
Filing time
12 May 2022, 16:38:21
Previous filing
16 Mar 2022
Next filing
16 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Options Exercise $0 +27.3K +6.49% $0.00 448K 10 May 2022 Direct F1
transaction PFSW Common Stock Tax liability -$136K -10.8K -2.4% $12.67 438K 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 -27.3K -100% $0.00* 0 10 May 2022 Common Stock 27.3K Direct F3
* 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 Settlement of Performance Share Award issued under the Plan.