SEC Form 4 · accession 0001044321-15-000001
PFSWEB INC · PFSW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
MARXE AUSTIN W & GREENHOUSE DAVID M
10% Owner
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095315
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 5, 2015 | S | 4,723 | $12.4824 | D | 2,294,232 | I | By Limited Partnerships |
| Common StockF2,F1 | Jan 6, 2015 | S | 3,696 | $12.1664 | D | 2,290,536 | I | By Limited Partnerships |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This is a weighted average price.
- F2This is a joint filing by Austin W. Marxe (Marxe), David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner). They share voting and investment control over all securities owned by Special Situations Fund III QP, L.P. (QP), Special Situations Cayman Fund, L.P. (CAY) and Special Situations Private Equity Fund, L.P. (PE), respectively 1,499,829 shares of Common Stock are owned by QP, 493,850 shares of Common Stock are owned by CAY and 296,857 shares of Common Stock are owned by PE. The interest of Marxe, Greenhouse and Stettner in the shares of Common Stock owned by QP, CAY and PE is limited to the extent of his pecuniary interest.