Michael C. Willoughby - May 10, 2022 Form 4 Insider Report for PFSWEB INC (PFSW)

Role
CEO/President, Director
Signature
/s/ Thomas J Madden by Power of Attorney
Stock symbol
PFSW
Transactions as of
May 10, 2022
Transactions value $
-$220,635
Form type
4
Date filed
5/12/2022, 04:33 PM
Previous filing
Mar 16, 2022
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Options Exercise $0 +44.3K +8.69% $0.00 553K May 10, 2022 Direct F1
transaction PFSW Common Stock Tax liability -$221K -17.4K -3.15% $12.67 536K May 10, 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 -44.3K -100% $0.00* 0 May 10, 2022 Common Stock 44.3K 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.