Michael C. Willoughby - Mar 31, 2023 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
Mar 31, 2023
Transactions value $
-$36,260
Form type
4
Date filed
4/4/2023, 04:01 PM
Previous filing
Mar 22, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSW Common Stock Award $0 +23.6K +3.72% $0.00 658K Mar 31, 2023 Direct F1
transaction PFSW Common Stock Tax liability -$36.3K -8.55K -1.3% $4.24 650K Mar 31, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issuance of Common Stock for a portion of the quarterly remuneration for Executive under the Executive Employment and Severance Agreement Amended and Restated by and between PFSweb, Inc. and Michael C Willoughby.
F2 Shares of Common Stock withheld by Issuer to satisfy tax withholding obligation.