Eli Samaha - 28 Dec 2022 Form 4 Insider Report for PFSWEB INC

Role
10%+ Owner
Signature
Eli Samaha
Issuer symbol
N/A
Transactions as of
28 Dec 2022
Net transactions value
$0
Form type
4
Filing time
30 Dec 2022, 15:59:16 UTC
Previous filing
21 Oct 2022
Next filing
14 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Sale $10,360,000 -1,750,000 -66% $5.92 883,189 28 Dec 2022 See Footnote F1
transaction PFSW Common Stock Purchase $10,360,000 +1,750,000 +198% $5.92 2,633,189 28 Dec 2022 See Footnote F1
transaction PFSW Common Stock Sale $5,298,000 -883,000 -34% $6.00 1,750,189 29 Dec 2022 See Footnote F1
transaction PFSW Common Stock Purchase $5,298,000 +883,000 +50% $6.00 2,633,189 29 Dec 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.