Eli Samaha - 14 Jun 2022 Form 4 Insider Report for PFSWEB INC

Role
10%+ Owner
Signature
Eli Samaha
Issuer symbol
N/A
Transactions as of
14 Jun 2022
Net transactions value
+$159,307
Form type
4
Filing time
17 Jun 2022, 08:45:57 UTC
Previous filing
12 May 2022
Next filing
28 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Purchase $84,907 +7,307 +0.28% $11.62 2,603,541 14 Apr 2022 See Footnotes F1, F3
transaction PFSW Common Stock Purchase $74,400 +6,200 +0.24% $12.00 2,609,741 15 Apr 2022 See Footnotes F2, F3
* 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 $11.25 to $11.85, 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 $11.98 to $12.00, 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 These shares are held 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.